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Kingfisher ( (GB:KGF) ) has shared an announcement.
Kingfisher PLC announced a share transaction involving Nils Swolkień, CEO of Castorama Poland, who purchased 11,372 Kingfisher Ordinary Shares at an average price of £2.75 per share. This transaction, conducted in accordance with UK Market Abuse Regulation, highlights the executive’s confidence in the company’s prospects and may influence investor perceptions positively.
The most recent analyst rating on (GB:KGF) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Kingfisher stock, see the GB:KGF Stock Forecast page.
Spark’s Take on GB:KGF Stock
According to Spark, TipRanks’ AI Analyst, GB:KGF is a Neutral.
Kingfisher’s stock is supported by strong cash generation and shareholder returns, but faces challenges with weak sales, high valuation, and negative technical indicators.
To see Spark’s full report on GB:KGF stock, click here.
More about Kingfisher
Kingfisher PLC operates in the retail industry, focusing primarily on home improvement products and services. It is known for its market presence through various brands, including Castorama, and serves a broad customer base across multiple regions.
Average Trading Volume: 7,041,634
Technical Sentiment Signal: Strong Buy
Current Market Cap: £4.8B
Learn more about KGF stock on TipRanks’ Stock Analysis page.