Kingfisher (LON:KGF) Reaches New 1-Year Low at $185.90 – Mitchell Messenger
The company traded as low as GBX 185.90 ($2.43) and last traded at GBX 185.90 ($2.43), with a volume of 9973907 shares traded. JPMorgan Chase & Co. lowered their target price on shares of Kingfisher from GBX 200 ($2.61) to GBX 190 ($2.48) and set an “underweight” rating on the stock in a research note on Friday, August 16th. Five research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 223.57 ($2.92).