Kingfisher PLC (LON:KGF) Stock Rating Reconfirmed at Deutsche Bank; The GBX 345.00 Target Indicates 2.68% Potential; Ashmore Group Plc Has Lifted Its Noah Hldgs LTD (NOAH) Position

Ashmore Group Plc increased Noah Hldgs Ltd (NOAH) stake by 73.32% reported in 2017Q3 SEC filing. Ashmore Group Plc acquired 33,000 shares as Noah Hldgs Ltd (NOAH)’s stock rose 10.15%. The Ashmore Group Plc holds 78,011 shares with $2.51 million value, up from 45,011 last quarter. Noah Hldgs Ltd now has $2.68B valuation. The stock increased 0.25% or $0.12 during the last trading session, reaching $47.46. About 11,281 shares traded. Noah Holdings Limited (NYSE:NOAH) has risen 17.05% since January 3, 2017 and is uptrending. It has outperformed by 0.35% the S&P500.

Deutsche Bank have a GBX 345.00 TP on the stock. The TP gives a potential upside of 2.68% from Kingfisher PLC (LON:KGF)‘s last stock close price. This rating was shown in an analyst note on 2 January.

Among 28 analysts covering Kingfisher PLC (LON:KGF), 9 have Buy rating, 12 Sell and 7 Hold. Therefore 32% are positive. Kingfisher PLC has GBX 4100 highest and GBX 260 lowest target. GBX 336.08’s average target is -1.70% below currents GBX 341.9 stock price. Kingfisher PLC had 257 analyst reports since July 23, 2015 according to SRatingsIntel. RBC Capital Markets maintained Kingfisher plc (LON:KGF) rating on Thursday, March 3. RBC Capital Markets has “Underperform” rating and GBX 325 target. HSBC maintained the shares of KGF in report on Wednesday, February 15 with “Hold” rating. Nomura maintained Kingfisher plc (LON:KGF) on Monday, November 23 with “Neutral” rating. JP Morgan maintained the shares of KGF in report on Thursday, October 27 with “Underweight” rating. Barclays Capital maintained Kingfisher plc (LON:KGF) on Tuesday, December 1 with “Underweight” rating. The firm has “Neutral” rating by Citigroup given on Thursday, March 24. The rating was maintained by RBC Capital Markets with “Underperform” on Tuesday, September 1. The firm earned “Sell” rating on Friday, November 27 by Haitong Securities. The company was maintained on Monday, November 9 by Credit Suisse. The firm has “Underwt/Cautious” rating given on Monday, January 25 by Morgan Stanley.

The stock decreased 0.44% or GBX 1.5 during the last trading session, reaching GBX 341.9. About 2.06 million shares traded. Kingfisher plc (LON:KGF) has 0.00% since January 3, 2017 and is . It has underperformed by 16.70% the S&P500.

Kingfisher plc, together with its subsidiaries, supplies home improvement services and products through a network of retail stores and other channels located primarily in the United Kingdom and continental Europe. The company has market cap of 7.38 billion GBP. The firm offers garden furnishing, exterior lighting, performance hand and power tools, heating and cooling systems, security and water treatment products, air treatment products, and communication products. It has a 13.05 P/E ratio. It also engages in the property investment, sourcing, finance, and IT services businesses.