Kingfisher plc 11.9% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Kingfisher plc using EPIC/TICKER code (LON:KGF) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Kingfisher plc are listed in the Consumer Services sector within UK Main Market. JP Morgan Cazenove have set a target price of 180 GBX on its stock. This now indicates the analyst believes there is a potential downside of -11.9% from the opening price of 204.3 GBX. Over the last 30 and 90 trading days the company share price has decreased 15.3 points and decreased 14.1 points respectively. The 52 week high for the stock is 268.2 GBX while the 52 week low for the stock is 185.9 GBX.

Kingfisher plc has a 50 day moving average of 216.92 GBX and the 200 Day Moving Average price is recorded at 215.65. There are currently 2,110,127,306 shares in issue with the average daily volume traded being 6,309,060. Market capitalisation for LON:KGF is £4,304,659,704 GBP.

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