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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: 248.70
Bid: 248.90
Ask: 249.10
Change: 4.70 (1.93%)
Spread: 0.20 (0.08%)
Open: 245.40
High: 249.30
Low: 243.80
Prev. Close: 244.00
KGF Live PriceLast checked at -

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FTSE 100 movers: Pearson plumped on FT sale, ARM bounces, Aberdeen drops

Thu, 23rd Jul 2015 15:35

(ShareCast News) - London's blue chip index bumped along just above parity for most of Thursday, as the bid talk for Pearson's iconic Financial Times newspaper and various company results announcements were the prime mover of prices.As of 15:30, the FTSE 100 was trading just 0.06% lower at 6,663.02.The City was abuzz with talk about possible buyers for Pearson's FT Group division, which publishes the Financial Times, which was eventually confirmed by Japan's Nikkei Group for £1.29bn in mid afternoon. Shares in the increasingly education-focused group were up 2.4% an hour before the close.Bouncing back from its falls on Wednesday, microchip designer ARM led the risers. With its own quarterly results and those of its main customer Apple both missing expectations, Thursday's reflections were more sanguine, helped by positive broker recommendations from the likes of RBS and Credit Suisse being followed by a reiteration of its 'conviction list buy' from Goldman Sachs, which said the multiple de-rating was "unwarranted given strong full year trajectory", thought it trimmed its target price to 1,500p from 1,550p.Although some analysts believed it is overpriced, Unilever laughed in the face of continuing consumer weakness around the globe, impressing investors with strong sales growth.DIY retail chain Kingfisher, owner of B&Q and Screwfix in the UK as well as Castorama and Brico Depot in France, gave its shares a new lick of paint by nailing a solid rise in second-quarter sales.Limiting the index's gains, were two financial sector powerhouses. Aberdeen Asset Management led the sector's retreat after revealing third-quarter net outflows had accelerated.Fellow money manager Ashtead slumped after double downgrade by Bank of America Merrill Lynch.Other fallers included energy company SSE, which posted first-quarter results that showed increased production in all of its divisions apart from coal. However, the company said it expects lower profits from its energy supply business this year but higher profit from its management and generation business.Supermarket group Sainsbury's fell more than 3% on the day it launched an offering of £250m perpetual subordinated convertible bonds. The Office for National Statistics also released national retail sales numbers that included news that UK food sales fell 0.3% in June.Drug company Shire was down 1.2% as investors mulled its missed second quarter growth forecasts but newly hiked full year earnings guidance.Johnson Matthey was another faller after revealing first quarter profits had dipped. FTSE 100 - RisersARM Holdings (ARM) 1,001.00p +3.20%Pearson (PSON) 1,236.00p +2.23%Unilever (ULVR) 2,913.00p +1.89%Kingfisher (KGF) 373.90p +1.88%Severn Trent (SVT) 2,168.00p +1.88%United Utilities Group (UU.) 891.00p +1.83%CRH (CRH) 1,907.00p +1.65%Sports Direct International (SPD) 788.00p +1.55%Meggitt (MGGT) 466.00p +1.48%Fresnillo (FRES) 644.00p +1.42%FTSE 100 - FallersAberdeen Asset Management (ADN) 370.80p -7.18%SSE (SSE) 1,515.00p -4.54%Sainsbury (J) (SBRY) 263.40p -3.37%Ashtead Group (AHT) 985.00p -2.18%Glencore (GLEN) 224.70p -1.45%Shire Plc (SHP) 5,400.00p -1.19%Standard Chartered (STAN) 984.50p -1.13%Johnson Matthey (JMAT) 2,869.00p -1.07%BP (BP.) 402.35p -1.05%Marks & Spencer Group (MKS) 529.50p -1.03%
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15 Feb 2024 07:22

Citi upgrades Kingfisher to 'buy' from 'neutral'

(Sharecast News) - Citi upgraded B&Q and Castorama owner Kingfisher on Thursday to 'buy' from 'neutral' as it argued the UK housing recovery supports a re-rating.

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5 Feb 2024 16:22

London close: Stocks turn lower on renewed interest rate concerns

(Sharecast News) - London's financial markets had turned negative by the close of trading on Monday, after better-than-expected UK services data was offset by a downward revision in service activity in the United States.

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5 Feb 2024 07:17

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

(Sharecast News) - JPMorgan Cazenove cut its price target on Kingfisher on Monday to 180p from 190p as it placed the shares on 'negative catalyst watch' ahead of full-year results on 25 March.

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1 Feb 2024 09:15

TOP NEWS: AG Barr hires former Saga and Superdry chief as new CEO

(Alliance News) - AG Barr PLC on Thursday announced Euan Sutherland as its next chief executive officer, while also reporting a 26% rise in revenue in its just-completed financial year.

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29 Jan 2024 17:25

London close: Stocks turn weaker ahead of busy week for earnings

(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.

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29 Jan 2024 14:15

Broker tips: Kingfisher, Rotork, IMI, Intertek

(Sharecast News) - RBC Capital Markets downgraded B&Q and Castorama owner Kingfisher on Monday to 'sector perform' from 'outperform'.

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29 Jan 2024 09:12

LONDON BROKER RATINGS: Berenberg raises IMI; Exane BNP cuts Schroders

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

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29 Jan 2024 08:13

RBC Capital downgrades B&Q and Castorama owner Kingfisher

(Sharecast News) - RBC Capital Markets downgraded B&Q and Castorama owner Kingfisher on Monday to 'sector perform' from 'outperform'.

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29 Jan 2024 07:43

LONDON BRIEFING: Superdry looks at saving costs; Ferrexpo loses case

(Alliance News) - Stocks in London are expected to start the week on a cautious note, as investors nervously look ahead to two key interest rate decisions.

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11 Jan 2024 08:43

IN BRIEF: Kingfisher completes GBP50 million in share buybacks

Kingfisher PLC - London-based owner of B&Q, Screwfix and Castorama home-improvement stores - Completes first tranche of GBP300 million share buyback announced back in September. Buys 22.8 million shares for GBP50 million in total in the tranche, completing it by purchasing 335,726 shares at an average price of 223.95 pence on Wednesday. Kingfisher says details on the second tranche of the buyback programme will be announced "in due course". The repurchased shares will be cancelled.

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14 Dec 2023 12:14

LONDON MARKET MIDDAY: Stocks up as BoE follows in footsteps of Fed

(Alliance News) - Stock prices in London were higher at midday Thursday, after the Bank of England followed in the US Federal Reserve's footsteps and left interest rates unchanged.

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29 Nov 2023 09:51

LONDON BROKER RATINGS: JPMorgan cuts Diageo to neutral from overweight

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

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28 Nov 2023 09:27

LONDON BROKER RATINGS: Goldman starts M&G at 'buy'; Citi hikes B&M

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

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24 Nov 2023 16:56

LONDON MARKET CLOSE: Pound jumps above USD1.26 mark on Black Friday

(Alliance News) - Global markets saw a lacklustre session this Black Friday, with European markets edging just slightly higher.

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24 Nov 2023 11:42

LONDON MARKET MIDDAY: Stocks edge lower in quiet Thanksgiving trade

(Alliance News) - Stock prices in London were down midday on Friday, in a quiet day of trade as the Thanksgiving holiday saw global markets "hit the snooze button."

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