Shares of Kingfisher plc (LON:KGF) were up 0% during trading on Tuesday . The stock traded as high as GBX 298.30 ($3.92) and last traded at GBX 302.50 ($3.98). Approximately 10,576,941 shares traded hands during trading, an increase of 16% from the average daily volume of 9,120,000 shares. The stock had previously closed at GBX 302.50 ($3.98).
Several analysts have recently commented on KGF shares. Jefferies Group LLC reiterated a “hold” rating and set a GBX 310 ($4.08) price objective on shares of Kingfisher plc in a report on Thursday, November 2nd. J P Morgan Chase & Co reiterated an “underweight” rating and set a GBX 288 ($3.79) price objective on shares of Kingfisher plc in a report on Friday, October 6th. reiterated a “buy” rating and set a GBX 440 ($5.79) price objective on shares of Kingfisher plc in a report on Friday, July 21st. Credit Suisse Group AG reiterated an “outperform” rating and set a GBX 410 ($5.39) price objective on shares of Kingfisher plc in a report on Friday, September 1st. Finally, Barclays PLC reiterated an “underweight” rating on shares of Kingfisher plc in a report on Monday, November 6th. Seven equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. Kingfisher plc presently has a consensus rating of “Hold” and a consensus price target of GBX 325.07 ($4.28).
The business also recently declared a dividend, which was paid on Friday, November 10th. Shareholders of record on Thursday, October 5th were given a dividend of GBX 3.33 ($0.04) per share. This represents a yield of 1.12%. The ex-dividend date of this dividend was Thursday, October 5th.
In other news, insider Veronique Laury sold 2,294 shares of the firm’s stock in a transaction dated Tuesday, October 24th. The stock was sold at an average price of GBX 303 ($3.99), for a total transaction of £6,950.82 ($9,142.21). Also, insider Andrew Cosslett bought 99,802 shares of the company’s stock in a transaction dated Tuesday, October 3rd. The shares were acquired at an average price of GBX 301 ($3.96) per share, for a total transaction of £300,404.02 ($395,112.48). Insiders have acquired a total of 99,903 shares of company stock worth $30,070,427 over the last ninety days.
Kingfisher plc Company Profile
Kingfisher plc is engaged in the supply of 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’s segments include France, UK & Ireland, and Other International. The Other International segment consists of Poland, Spain, Portugal, Germany, Russia, Romania and the joint venture Koctas Yapi Marketleri Ticaret A.S.
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