Kingfisher plc with ticker (LON:KGF) now has a potential upside of 17.6% according to Deutsche.
Deutsche set a target price of 255 GBX for the company, which when compared to the Kingfisher plc share price of 217 GBX at opening today (22/11/2023) indicates a potential upside of 17.6%. Trading has ranged between 198 (52 week low) and 296 (52 week high) with an average of 7,428,929 shares exchanging hands daily. The market capitalisation at the time of writing is £4,073,183,280.
Kingfisher plc is an international home improvement company. The Company supply home improvement products and services through a network of retail stores and other channels, located mainly in the United Kingdom and continental Europe. The Company operates in eight countries across Europe under retail banners, including B&Q, Castorama, Brico Depot, Screwfix, TradePoint and Koctas. It offers home improvement products and services to consumers and trade professionals who shop in its stores and through its e-commerce channels. Its segments include UK & Ireland, France, Poland, Other, and Other International. The UK & Ireland segment consists of B&Q in the United Kingdom and Ireland and Screwfix in the United Kingdom and Ireland. France segment consists of Castorama France and Brico Depot France. Other International segment consists of Poland, Iberia, Romania, Other, and Turkey (Koctas JV). Screwfix is a multi-channel supplier of trade tools, plumbing, electrical, bathrooms, and kitchens.
Kingfisher plc 17.6% potential upside indicated by Deutsche
- Written by: Charlotte Edwards
Latest Company News
Kingfisher said it remains on track to meet full-year guidance after a resilient first quarter, with growth in e-commerce, trade sales and marketplace activity offsetting softer seasonal demand.
Kingfisher has appointed Eve Henrikson to its Board as a Non-Executive Director, effective 1 September 2026. The company also announced that Bill Lennie will join the Remuneration Committee from 1 April 2026.
Kingfisher delivered modest sales growth and improved margins in FY 2025/26, supported by strong UK performance, expansion in trade and e-commerce, and disciplined cost control. Adjusted pre-tax profit rose 6% and free cash flow remained solid, with further shareholder returns announced.
Kingfisher plc has announced the appointment of Stephen Daintith to its Board as a Non-Executive Director and member of the Audit and Nomination Committees, effective 1 April 2026.
Kingfisher PLC delivered a solid first half to 31 July 2025, reporting adjusted pre-tax profit up 10.2% to £368m and free cash flow rising 13.5% to £478m. Like-for-like sales grew 1.9%, supported by strong performances from B&Q and Screwfix, alongside double-digit growth in trade and e-commerce.
