Kingfisher plc 8% 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 ‘Downgrades’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at RBC Capital Markets. Kingfisher plc are listed in the Consumer Services sector within UK Main Market. RBC Capital Markets have set their target price at 200 GBX on its stock. This would imply the analyst believes there is a potential downside of -8.0% from the opening price of 217.5 GBX. Over the last 30 and 90 trading days the company share price has increased 10.2 points and decreased 25.5 points respectively. The 52 week high share price is 366 GBX while the 52 week low is 202.7 GBX.

Kingfisher plc has a 50 day moving average of 233.49 GBX and a 200 day moving average of 273.78. There are currently 2,110,113,288 shares in issue with the average daily volume traded being 9,498,612. Market capitalisation for LON:KGF is £4,682,341,257 GBP.

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