Shares of Kingfisher PLC (OTCMKTS:KGFHY – Get Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $7.82 and traded as low as $7.44. Kingfisher shares last traded at $7.47, with a volume of 152,621 shares trading hands.
Analyst Ratings Changes
Separately, Barclays raised Kingfisher from an “underweight” rating to an “equal weight” rating in a report on Monday, April 27th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Kingfisher currently has a consensus rating of “Hold”.
Read Our Latest Stock Analysis on Kingfisher
Kingfisher Trading Down 1.8%
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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