Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest update is out from Kingfisher ( (GB:KGF) ).
Kingfisher plc announced a share transaction involving Chris Blatchford, the Chief Technology Officer, who acquired 51 ordinary shares under the Kingfisher Share Incentive Plan. This transaction, conducted on the London Stock Exchange, aligns with the UK Market Abuse Regulation, reflecting Kingfisher’s commitment to regulatory compliance and employee investment in the company.
The most recent analyst rating on (GB:KGF) stock is a Hold with a £331.00 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 overall stock score reflects a stable financial position and strong earnings call performance, with raised guidance and strategic growth initiatives. However, technical indicators show mixed signals, and valuation metrics suggest potential overvaluation. The subdued market in France and anticipated cost headwinds in H2 are notable risks.
To see Spark’s full report on GB:KGF stock, click here.
More about Kingfisher
Average Trading Volume: 6,019,373
Technical Sentiment Signal: Buy
Current Market Cap: £5.07B
Learn more about KGF stock on TipRanks’ Stock Analysis page.