RBC Capital analyst Richard Chamberlain downgraded Kingfisher to Sector Perform from Outperform with a 235 GBp price target. The analyst is re relatively cautious on the outlook for France and consensus earnings near term, and currently has more valuation upside potential for some other U.K. retailers.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
