UBS upgraded Kingfisher to Neutral from Sell with a price target of 340 GBp, up from 201 GBp. The company is well positioned to grow sales and margin in a housing market recovery, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KGFHY:
- Kingfisher (KGFHY) Announces Q4 Dividend: Save the Dates!
- Kingfisher price target raised to 265 GBp from 180 GBp at JPMorgan
- Kingfisher price target raised to 301 GBp from 292 GBp at Citi
- Kingfisher price target raised to 350 GBp from 310 GBp at Deutsche Bank
- Kingfisher downgraded to Equal Weight from Overweight at Barclays