Shares of Kingfisher PLC (OTCMKTS:KGFHY – Get Free Report) rose 10.2% on Wednesday. The company traded as high as $9.23 and last traded at $9.15. 6,970 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 136,361 shares. The stock had previously closed at $8.30.
Wall Street Analyst Weigh In
KGFHY has been the topic of several analyst reports. Investec downgraded Kingfisher to a “hold” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft upgraded shares of Kingfisher from a “sell” rating to a “hold” rating in a research note on Thursday, September 17th. One investment analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Kingfisher presently has a consensus rating of “Hold”.
Check Out Our Latest Stock Report on KGFHY
Kingfisher Stock Performance
About Kingfisher
Kingfisher plc is a home improvement retailer headquartered in the United Kingdom. The company sells do-it-yourself, home renovation, and trade products through a portfolio of retail banners, serving consumers and professional customers with merchandise such as building materials, hardware, tools, paint, garden supplies, kitchens, bathrooms, and related services.
Its principal brands include B&Q and Screwfix in the United Kingdom and Ireland, as well as Castorama and Brico Dépôt in France.
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