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Analysts give ‘sell’ rating for Kingfisher stock

Published: 23 February 2017 - Fiona Garcia
 

According to reports, six investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the company.

There has been much discussion among economists about Kingfisher’s (KGFHY) stock, with BNP Paribas cutting shares of the firm from a ‘neutral’ rating to an ‘underperform’ rating in a report issued on January 25.

 Zacks Investment Research upgraded shares of Kingfisher plc from a ‘sell’ rating to a “hold” rating in a report on November 17. However, Zacks has now given KGFHY a sell rating of 4.

Kingfisher’s stock was valued at $8.15 when the day opened and has had a day low of $8.10 since trading began.

Europe's leading home improvement retailer, Kingfisher operates more than 1,000 stores across 10 countries, with key brands including B&Q, Screwfix, Castorama and Brico Depot.

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