Kingfisher plc 22.0% potential upside indicated by HSBC

Kingfisher plc with ticker (LON:KGF) now has a potential upside of 22.0% according to HSBC.



HSBC set a target price of 305 GBX for the company, which when compared to the Kingfisher plc share price of 250 GBX at opening today (12/04/2024) indicates a potential upside of 22.0%. Trading has ranged between 198 (52 week low) and 264 (52 week high) with an average of 5,216,097 shares exchanging hands daily. The market capitalisation at the time of writing is £4,689,243,338.

Kingfisher plc is an international home improvement company. The Company supply home improvement products and services through a network of retail stores and other channels, located mainly in the United Kingdom and continental Europe. The Company operates in eight countries across Europe under retail banners, including B&Q, Castorama, Brico Depot, Screwfix, TradePoint and Koctas. It offers home improvement products and services to consumers and trade professionals who shop in its stores and through its e-commerce channels. Its segments include UK & Ireland, France, Poland, Other, and Other International. The UK & Ireland segment consists of B&Q in the United Kingdom and Ireland and Screwfix in the United Kingdom and Ireland. France segment consists of Castorama France and Brico Depot France. Other International segment consists of Poland, Iberia, Romania, Other, and Turkey (Koctas JV). Screwfix is a multi-channel supplier of trade tools, plumbing, electrical, bathrooms, and kitchens.