Kingfisher plc (LON:KGF – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 262.35 ($3.58) and traded as high as GBX 277.80 ($3.80). Kingfisher shares last traded at GBX 277.20 ($3.79), with a volume of 4,687,322 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Barclays lowered shares of Kingfisher to an “underweight” rating and lifted their price target for the company from GBX 275 ($3.76) to GBX 280 ($3.83) in a research report on Tuesday, May 20th.
Check Out Our Latest Report on Kingfisher
Kingfisher Price Performance
Kingfisher (LON:KGF – Get Free Report) last posted its quarterly earnings results on Tuesday, March 25th. The home improvement retailer reported GBX 20.70 ($0.28) earnings per share for the quarter. Kingfisher had a net margin of 2.68% and a return on equity of 5.23%. As a group, equities analysts anticipate that Kingfisher plc will post 23.6949924 EPS for the current fiscal year.
Insiders Place Their Bets
In other Kingfisher news, insider Bill Lennie purchased 50,000 shares of the firm’s stock in a transaction on Friday, May 30th. The shares were purchased at an average price of GBX 277 ($3.78) per share, for a total transaction of £138,500 ($189,233.50). Corporate insiders own 0.73% of the company’s stock.
About Kingfisher
Kingfisher plc is an international home improvement company with over 2,000 stores, supported by a team of over 78,000 colleagues. We operate in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.
Featured Stories
- Five stocks we like better than Kingfisher
- Why Are Stock Sectors Important to Successful Investing?
- Top 3 Bank Stocks to Watch as Fed Rate Cuts Loom
- What Are Earnings Reports?
- Uber and Tesla Surge on Robotaxis, Analyst Touts Texas Rides
- CD Calculator: Certificate of Deposit Calculator
- ASML Keeps Buying Back Its Own Stock—Chasing Discount and Upside
Receive News & Ratings for Kingfisher Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kingfisher and related companies with MarketBeat.com's FREE daily email newsletter.