Kingfisher (KGF)

Sector:

Retailers

Index:

FTSE 100

260.60p
   
  • Change Today:
    -1.00p
  • 52 Week High: 269.00
  • 52 Week Low: 201.20
  • Currency: UK Pounds
  • Shares Issued: 1,866.23m
  • Volume: 9,609,801
  • Market Cap: £4,863.41m
  • RiskGrade: 158

HSBC upgrades Kingfisher to 'buy'

By Michele Maatouk

Date: Thursday 11 Apr 2024

LONDON (ShareCast) - (Sharecast News) - HSBC upgraded B&Q and Castorama owner Kingfisher on Thursday to 'buy' from 'hold' and lifted the price target to 305p from 235p.

This implies upside of 26% and is driven by an improved medium-term outlook, the bank said.

HSBC said a macro recovery, France restructuring and trade and e-commerce & digital represent growth opportunities for the company.

The bank said it was updating estimates for FY results and revised guidance for FY25, which it views as the bottom of the cycle.

At 0925 BST, the shares were up 4.1% at 251.90p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Kingfisher Market Data

Currency UK Pounds
Share Price 260.60p
Change Today -1.00p
% Change -0.38 %
52 Week High 269.00
52 Week Low 201.20
Volume 9,609,801
Shares Issued 1,866.23m
Market Cap £4,863.41m
RiskGrade 158

Kingfisher Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.16% above the market average80.16% above the market average80.16% above the market average80.16% above the market average80.16% above the market average
58.97% above the sector average58.97% above the sector average58.97% above the sector average58.97% above the sector average58.97% above the sector average
Price Trend
43.37% above the market average43.37% above the market average43.37% above the market average43.37% above the market average43.37% above the market average
55.00% above the sector average55.00% above the sector average55.00% above the sector average55.00% above the sector average55.00% above the sector average
Income
49.05% above the market average49.05% above the market average49.05% above the market average49.05% above the market average49.05% above the market average
26.32% above the sector average26.32% above the sector average26.32% above the sector average26.32% above the sector average26.32% above the sector average
Growth
94% below the market average94% below the market average94% below the market average94% below the market average94% below the market average
75% below the sector average75% below the sector average75% below the sector average75% below the sector average75% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 6
Sell 3
Strong Sell 1
Total 14
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Kingfisher Dividends

  Latest Previous
  Final Interim
Ex-Div 16-May-24 12-Oct-23
Paid 25-Jun-24 17-Nov-23
Amount 8.60p 3.80p

Trades for 17-May-2024

Time Volume / Share Price
17:29 1,000,000 @ 260.90p
17:06 1,000,000 @ 260.90p
16:51 5,210 @ 260.60p
16:36 130,251 @ 260.60p
16:35 3,029,235 @ 260.60p

Kingfisher Key Personnel

Chair Andrew Cosslett
CEO Thierry Garnier
CFO Bernard Bot

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