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Kingfisher ( (GB:KGF) ) has shared an announcement.
Kingfisher PLC announced that Henri Solère, a person discharging managerial responsibilities, exercised his vested nil-cost options over 250,000 ordinary shares under the Kingfisher Alignment Shares and Transformation Incentive Plan and subsequently sold all the shares. This transaction, conducted on the London Stock Exchange, reflects the company’s adherence to the UK Market Abuse Regulation, ensuring transparency in managerial share dealings.
The most recent analyst rating on (GB:KGF) stock is a Buy with a £350.00 price target. To see the full list of analyst forecasts on Kingfisher stock, see the GB:KGF Stock Forecast page.
Spark’s Take on GB:KGF Stock
According to Spark, TipRanks’ AI Analyst, GB:KGF is a Neutral.
Kingfisher’s overall stock score reflects a stable financial position and strong earnings call performance, with raised guidance and strategic growth initiatives. However, technical indicators show mixed signals, and valuation metrics suggest potential overvaluation. The subdued market in France and anticipated cost headwinds in H2 are notable risks.
To see Spark’s full report on GB:KGF stock, click here.
More about Kingfisher
Kingfisher PLC operates in the retail industry, primarily focusing on home improvement products and services. The company is known for its market presence in Europe, offering a range of products for home renovation and maintenance.
Average Trading Volume: 5,812,482
Technical Sentiment Signal: Buy
Current Market Cap: £5.37B
See more insights into KGF stock on TipRanks’ Stock Analysis page.