Kingfisher plc 15% Potential Decrease Indicated by RBC Capital Markets

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 ‘UNDERPERFORM’ this morning by analysts at RBC Capital Markets. Kingfisher plc are listed in the Consumer Services sector within UK Main Market. RBC Capital Markets have set a target price of 220 GBX on its stock. This now indicates the analyst believes there is a potential downside of -15.0% from the opening price of 258.8 GBX. Over the last 30 and 90 trading days the company share price has increased 14.9 points and increased 36.2 points respectively. The 1 year high for the share price is 319.7 GBX while the year low share price is currently 202.7 GBX.

Kingfisher plc has a 50 day moving average of 241.21 GBX and a 200 day moving average of 253.83. There are currently 2,110,114,184 shares in issue with the average daily volume traded being 8,643,725. Market capitalisation for LON:KGF is £5,511,618,506 GBP.

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