# Kingfisher plc 23.9% potential upside indicated by HSBC

- Link: https://www.directorstalkinterviews.com/kingfisher-plc-23-9-potential-upside-indicated-by-hsbc/4121152616
- Published: 2024-04-19T14:21:52+01:00
- Author: Charlotte Edwards

**[Kingfisher plc](https://www.directorstalkinterviews.com/ftse-company/kingfisher-plc/kgf.l)**
with ticker (LON:KGF) now has a potential upside of 23.9% according to HSBC.
HSBC
set a target price of 305 GBX for the company, which when compared to the Kingfisher
plc share price of 246 GBX at opening today (19/04/2024) indicates a potential upside
of 23.9%. Trading has ranged between 198 (52 week low) and 264 (52 week high) with
an average of 4,944,262 shares exchanging hands daily. The market capitalisation
at the time of writing is £4,564,508,253.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.

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