Veronique Laury sells £36k of Kingfisher shares

Kingfisher plc insider Veronique Laury sold 10,250 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of GBX 355.25 ($5.38), for a total value of £36,413.13 ($55,188.13).

Kingfisher plc (LON:KGF) traded up 0.2262% on Wednesday, hitting GBX 354.4000. 6,331,304 shares of the company’s stock traded hands. Kingfisher plc has a 52 week low of GBX 283.0000 and a 52 week high of GBX 429.1000. The stock has a 50-day moving average of GBX 361.04 and a 200-day moving average of GBX 334.31. The company’s market cap is £8.34 billion.

The company also recently announced a dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, May 14th will be paid a dividend of GBX 6.85 ($0.10) per share. This represents a dividend yield of 1.89%. The ex-dividend date is Thursday, May 14th.

A number of research firms have recently commented on KGF. Analysts at RBC Capital reiterated an “underperform” rating and set a GBX 340 ($5.15) price target on shares of Kingfisher plc in a research note on Tuesday. Analysts at Barclays reiterated an “underweight” rating and set a GBX 270 ($4.09) price target on shares of Kingfisher plc in a research note on Thursday, April 30th. Analysts at Credit Suisse reiterated an “outperform” rating and set a GBX 400 ($6.06) price target on shares of Kingfisher plc in a research note on Wednesday, April 29th. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating and set a GBX 430 ($6.52) price target on shares of Kingfisher plc in a research note on Friday, April 24th. Seven investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 341.76 ($5.18).

Source : Dakota Financial News
www.dakotafinancialnews.com/insider-selling-kingfisher-plc-insider-sells-10250-shares-of-stock-kgf/147768/