Kingfisher PLC (OTCMKTS:KGFHY – Get Free Report) shares crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $7.88 and traded as low as $7.72. Kingfisher shares last traded at $7.9550, with a volume of 126,789 shares changing hands.
Analysts Set New Price Targets
Separately, Barclays raised Kingfisher from an “underweight” rating to an “equal weight” rating in a research report on Monday, April 27th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Kingfisher presently has an average rating of “Reduce”.
Check Out Our Latest Analysis on KGFHY
Kingfisher Price Performance
Kingfisher Company Profile
Kingfisher plc (OTCMKTS: KGFHY) is a leading international home improvement retailer headquartered in London, United Kingdom. The company operates a network of stores and digital platforms offering a comprehensive range of do-it-yourself (DIY) and home improvement products. Kingfisher’s business model focuses on delivering value to both retail customers and trade professionals through an integrated omni-channel approach.
The group’s retail banners include B&Q and Screwfix in the UK and Ireland, Castorama and Brico Dépôt in France and Poland, and Koçtaş in Turkey.
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