Kingfisher PLC (OTCMKTS:KGFHY - Get Free Report)'s stock price traded up 2.2% during mid-day trading on Tuesday . The company traded as high as $7.54 and last traded at $7.52. 39,171 shares traded hands during trading, a decline of 41% from the average session volume of 66,345 shares. The stock had previously closed at $7.36.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on the company. BNP Paribas upgraded Kingfisher to a "strong sell" rating in a report on Thursday, May 29th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Kingfisher in a report on Wednesday, March 26th. Citigroup reiterated a "neutral" rating on shares of Kingfisher in a report on Thursday, May 22nd. Finally, Barclays downgraded Kingfisher from an "equal weight" rating to an "underweight" rating in a report on Tuesday, May 20th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold".
Get Our Latest Research Report on KGFHY
Kingfisher Trading Up 2.2%
The business has a fifty day simple moving average of $7.61 and a two-hundred day simple moving average of $6.76.
Kingfisher Increases Dividend
The business also recently declared a dividend, which will be paid on Thursday, July 3rd. Stockholders of record on Monday, May 26th will be given a $0.203 dividend. This is a boost from Kingfisher's previous dividend of $0.09. This represents a dividend yield of 3.44%. The ex-dividend date is Friday, May 23rd.
About Kingfisher
(
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Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. It also operates retail stores under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas brands. The company sells its products through stores and e-commerce channels.
See Also
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