Kingfisher (LON:KGF) Insider Buys £48,450 in Stock

Key Points

  • Insider purchase: Lucinda Riches bought 15,000 Kingfisher shares on Jan 12 at GBX 323 each, a £48,450 transaction.
  • Analyst stance: One analyst rates Buy, five Hold and two Sell, giving an overall MarketBeat average rating of "Reduce" and an average price target of GBX 309.14 after several firms raised targets recently.
  • Company metrics: Kingfisher has a market cap of £5.54bn, a P/E of 30.94, 12‑month range GBX 227.20–330.50, and 50/200‑day moving averages of GBX 308.37/290.56.

Kingfisher plc (LON:KGF - Get Free Report) insider Lucinda Riches bought 15,000 shares of the stock in a transaction dated Monday, January 12th. The shares were purchased at an average cost of GBX 323 per share, for a total transaction of £48,450.

Kingfisher Price Performance

Shares of Kingfisher stock opened at GBX 324.90 on Tuesday. The firm has a market cap of £5.54 billion, a PE ratio of 30.94, a P/E/G ratio of 2.87 and a beta of 0.96. Kingfisher plc has a twelve month low of GBX 227.20 and a twelve month high of GBX 330.50. The company has a quick ratio of 0.27, a current ratio of 1.26 and a debt-to-equity ratio of 7.12. The business has a 50-day moving average price of GBX 308.37 and a 200 day moving average price of GBX 290.56.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Canaccord Genuity Group lifted their price target on shares of Kingfisher from GBX 306 to GBX 331 and gave the company a "hold" rating in a research note on Tuesday, September 23rd. Berenberg Bank increased their price objective on shares of Kingfisher from GBX 331 to GBX 334 and gave the company a "hold" rating in a report on Tuesday, November 25th. Citigroup lifted their target price on shares of Kingfisher from GBX 300 to GBX 311 and gave the company a "neutral" rating in a research report on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Kingfisher from GBX 280 to GBX 285 and gave the stock a "hold" rating in a research report on Tuesday, November 18th. Finally, Jefferies Financial Group lifted their price objective on Kingfisher from GBX 294 to GBX 303 and gave the stock a "hold" rating in a report on Wednesday, November 26th. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Reduce" and an average price target of GBX 309.14.




View Our Latest Analysis on KGF

About Kingfisher

(Get Free Report)

Kingfisher plc is an international home improvement company with over 1,800 stores, supported by a team of c.73,000 colleagues. We operate in seven 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.

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