Kingfisher plc 20.5% Potential Upside Indicated by Goldman Sachs

Broker Ratings
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Kingfisher plc using EPIC/TICKER code (LON:KGF) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning by analysts at Goldman Sachs. Kingfisher plc are listed in the Consumer Services sector within UK Main Market. Goldman Sachs have set a target price of 270 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 20.5% from the opening price of 224.1 GBX. Over the last 30 and 90 trading days the company share price has increased 24.1 points and increased 88.7 points respectively. The 1 year high for the share price is 233.3 GBX while the 52 week low for the stock is 101 GBX.

Kingfisher plc has a 50 day moving average of 190.17 GBX and the 200 Day Moving Average price is recorded at 197.81. There are currently 2,110,127,306 shares in issue with the average daily volume traded being 13,548,604. Market capitalisation for LON:KGF is £4,627,509,246 GBP.

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