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Kingfisher plc 22.2% Potential Upside Indicated by Credit Suisse

Broker Ratings
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Kingfisher plc with EPIC/TICKER (LON:KGF) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. Kingfisher plc are listed in the Consumer Services sector within UK Main Market. Credit Suisse have set their target price at 280 GBX on its stock. This now indicates the analyst believes there is a possible upside of 22.2% from today’s opening price of 229.2 GBX. Over the last 30 and 90 trading days the company share price has increased 11.5 points and decreased 9.8 points respectively. The 1 year high share price is 364.4 GBX while the year low stock price is currently 202.7 GBX.

Kingfisher plc has a 50 day moving average of 225.46 GBX and the 200 Day Moving Average price is recorded at 266.32. There are currently 2,110,113,288 shares in issue with the average daily volume traded being 7,319,073. Market capitalisation for LON:KGF is £4,823,507,887 GBP.

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