Credit Suisse Group Lowers Kingfisher (KGF) Price Target to GBX 280 – XNewsPress
Kingfisher (LON:KGF) had its price objective reduced by Credit Suisse Group from GBX 315 ($4.12) to GBX 280 ($3.66) in a report published on Tuesday morning. Royal Bank of Canada cut shares of Kingfisher to an underperform rating and lowered their target price for the company from GBX 240 ($3.14) to GBX 200 ($2.61) in a research note on Monday, January 21st. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company’s stock. Kingfisher currently has a consensus rating of Hold and an average price target of GBX 261.25 ($3.41).