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Pin to quick picksKingfisher Share News (KGF)

Share Price Information for Kingfisher (KGF)

London Stock Exchange
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Share Price: 259.20
Bid: 259.20
Ask: 259.30
Change: -9.80 (-3.64%)
Spread: 0.10 (0.039%)
Open: 261.60
High: 262.00
Low: 257.60
Prev. Close: 269.00
KGF Live PriceLast checked at -

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Broker tips: Barclays, Travis Perkins, Intertek, Kingfisher, Consumer staples

Tue, 03rd Mar 2015 11:51

A handful of brokerages continue to rate Barclays stock as 'buy' despite Tuesday's results from the bank that contain a huge increase in provisions to cover the costs of legal fees relating to scandals.Despite concerns in the market that rising litigation costs could dent the group's profitability further, brokerages covering the bank were overwhelmingly positive with Jefferies, Numis Securities, Investec Securities and Shore Capital all maintaining a positive rating on Barclays stock.Travis Perkins delivered a "typically conservative statement" on Tuesday as it warned about a moderation of growth in the UK housing market, according to Westhouse Securities which kept a 'neutral' rating on the stock."The focus will remain on self-help and out-performing its markets rather than growth in the market itself, which is largely dependent on transactions in the second-hand market," the broker said.Testing services firm Intertek, had its rating cut to 'neutral' by HSBC on Tuesday, a day after the company released full-year 2014 earnings. HSBC downgraded its rating on the stock from 'overweight' on valuation grounds, saying the stock is "up with events".A potential restructuring of B&Q's property could "surprise on the upside" for owner Kingfisher, according to Credit Suisse which lifted its target price for the DIY group from 360p to 400p.A possible restructuring could include 30 store closures over the next five years; this will give up 5.4% of sales but margins will improve and cash profit should increase 42%, the bank estimated.Shares in Associated British Foods (ABF) and Unilever were making decent gains on Tuesday after broker Investec named the two stocks as its top 'buys' in the European consumer staples sector."We see the risk reward on Primark's US entry to the upside for ABF. Meanwhile at Unilever, we expect raw material tailwinds to provide the flexibility to deliver better than expected margin progression and/or a stronger reinvestment led volume growth recovery."
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19 Sep 2023 07:43

Kingfisher lowers full-year expectations as Poland operations drag

(Sharecast News) - Kingfisher lowered its profit expectations for the full year on Tuesday despite reporting a slight increase in first-half sales of 1.1% to £6.88bn, with like-for-like sales slightly ahead of expectations.

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18 Sep 2023 17:07

TRADING UPDATES: Kropz makes ZAR155 million draw down on loan

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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12 Sep 2023 15:44

UK earnings, trading statements calendar - next 7 days

Wednesday 13 September 
abrdn Smaller Companies Income Trust PLCHalf Year Results
Argentex Group PLCHalf Year Results
Brave Bison Group PLCHalf Year Results
Burford Capital LtdHalf Year Results
CAB Payments Holdings PLCHalf Year Results
Central Asia Metals PLCHalf Year Results
Frontier Developments PLCFull Year Results
Made Tech Group PLCFull Year Results
On The Beach Group PLCTrading Statement
Pan African Resources PLCFull Year Results
Pharos Energy PLCHalf Year Results
Redrow PLCFull Year Results
Ricardo PLCFull Year Results
Star Energy Group PLCHalf Year Results
Tullow Oil PLCHalf Year Results
Thursday 14 September 
Arecor Therapeutics PLCHalf Year Results
Brooks Macdonald Group PLCFull Year Results
Capricorn Energy PLCHalf Year Results
Checkit PLCHalf Year Results
Churchill China PLCHalf Year Results
Foresight Solar Fund LtdHalf Year Results
Glenveagh Properties PLCHalf Year Results
IG Group Holdings PLCTrading Statement
Keystone Law Group PLCHalf Year Results
Kier Group PLCFull Year Results
M&C Saatchi PLCHalf Year Results
MJ Gleeson PLCFull Year Results
Oakley Capital Investments LtdHalf Year Results
Renishaw PLCFull Year Results
Spire Healthcare Group PLCHalf Year Results
THG PLCHalf Year Results
Trainline PLCTrading Statement
Uniphar PLCHalf Year Results
Friday 15 September 
Petra Diamonds LtdFull Year Results
VH Global Sustainable Energy Opportunities PLCHalf Year Results
Monday 18 September 
Artisanal Spirits Co PLCHalf Year Results
City of London Investment Group PLCFull Year Results
Downing Renewables & Infrastructure Trust PLCHalf Year Results
Facilities by ADF PLCHalf Year Results
Futura Medical PLCHalf Year Results
Greencoat Renewables PLCHalf Year Results
HgCapital Trust PLCHalf Year Results
Phoenix Group Holdings PLCHalf Year Results
S4 Capital PLCHalf Year Results
Tuesday 19 September 
accesso Technology Group PLCHalf Year Results
Billington Holdings PLCHalf Year Results
Big Technologies PLCHalf Year Results
C&C Group PLCTrading Statement
Concurrent Technologies PLCHalf Year Results
CPPGroup PLCHalf Year Results
Eagle Eye Solutions Group PLCFull Year Results
Fintel PLCHalf Year Results
Good Energy Group PLCHalf Year Results
Hargreaves Lansdown PLCFull Year Results
Henry Boot PLCHalf Year Results
Kingfisher PLCHalf Year Results
Litigation Capital Management LtdFull Year Results
Maintel Holdings PLCHalf Year Results
McBride PLCFull Year Results
MyHealthChecked PLCHalf Year Results
Moonpig Group PLCTrading Statement
Naked Wines PLCFull Year Results
Northcoders Group PLCHalf Year Results
Ocado Group PLCTrading Statement
Serica Energy PLCHalf Year Results
SThree PLCTrading Statement
Surgical Innovations Group PLCHalf Year Results
Team17 Group PLCHalf Year Results
Trustpilot Group PLCHalf Year Results
Water Intelligence PLCHalf Year Results
Xaar PLCHalf Year Results
  
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11 Sep 2023 06:56

UK retailers warn chancellor against GBP400m business rates hike

(Alliance News) - Bosses of a raft of Britain's biggest retailers, such as Tesco PLC, Marks & Spencer Group PLC and Kingfisher PLC's B&Q, have urged Chancellor Jeremy Hunt to freeze their property taxes to avoid a roughly GBP400 million hike.

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6 Sep 2023 09:32

LONDON BROKER RATINGS: Shore says 'buy' B&M; Peel Hunt likes Halfords

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

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30 Aug 2023 09:55

LONDON BROKER RATINGS: Barclays edges up Beazley price target

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday evening:

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30 Aug 2023 07:49

LONDON BRIEFING: Direct Line appoints CEO; Prudential swings to profit

(Alliance News) - Stocks in London are called up on Wednesday, in hopes markets will extend Tuesday's rally.

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30 Aug 2023 07:40

JPMorgan puts Kingfisher on 'negative catalyst watch', cuts price target

(Sharecast News) - JPMorgan Cazenove trimmed its price target on shares of B&Q owner Kingfisher on Wednesday and placed them on 'negative catalyst watch' ahead of first-half results next month.

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25 Aug 2023 09:01

LONDON BROKER RATINGS: Jefferies raises Aston Martin to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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24 Aug 2023 09:15

LONDON BROKER RATINGS: Credit Suisse raises Pennon to 'outperform'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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18 Aug 2023 11:51

LONDON MARKET MIDDAY: Retailers hit by slump in UK sales

(Alliance News) - Stock prices in London were lower at midday Friday, as UK retailers were hit by worse than expected sales in July.

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6 Jul 2023 14:42

Director dealings: Kingfisher, Currys board members invest

(Sharecast News) - Two major retailers were on the list of director buys on Thursday, with both Kingfisher and Currys disclosing large purchases made by board members.

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3 Jul 2023 10:49

New Tesco chair brings wealth of experience in UK consumer space

(Alliance News) - Gerry Murphy's board experience with a wealth of firms in the consumer space makes him a solid choice by Tesco PLC as the grocer's next chair.

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3 Jul 2023 09:37

LONDON BROKER RATINGS: Stifel cuts Croda International to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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3 Jul 2023 08:52

TOP NEWS: Tesco picks Burberry and Tate & Lyle chair Murphy as chair

(Alliance News) - Tesco PLC on Monday named Gerry Murphy as its new chair from September 1.

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