Kingfisher (LON:KGF – Free Report) had its price target hoisted by Deutsche Bank Aktiengesellschaft from GBX 310 ($4.10) to GBX 350 ($4.62) in a research note released on Wednesday, Marketbeat.com reports. The firm currently has a buy rating on the home improvement retailer’s stock.
Other analysts have also issued reports about the stock. JPMorgan Chase & Co. reissued an underweight rating on shares of Kingfisher in a research report on Friday, July 12th. Jefferies Financial Group reaffirmed a hold rating and set a GBX 250 ($3.30) target price on shares of Kingfisher in a research note on Friday, July 12th.
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Kingfisher Trading Up 0.9 %
Kingfisher Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 10th will be issued a dividend of GBX 3.80 ($0.05) per share. The ex-dividend date of this dividend is Thursday, October 10th. This represents a yield of 1.31%. Kingfisher’s payout ratio is 6,666.67%.
Kingfisher Company Profile
Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. It also operates retail stores under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas brands. The company sells its products through stores and e-commerce channels.
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