Kingfisher Stock News

Deutsche Bank has kept a cautious stance on Kingfisher PLC (LSE:KGF), arguing that the DIY group's forecast-beating results and raised guidance owe something to a one-off boost. The broker rates the owner of B&Q and Screwfix a "hold", with a 300p price target that sits just below the current share price.

Kingfisher PLC (LSE:KGF) shares jumped as much as 10.6% to an intraday high of 338p after stronger margins lifted first-half profit and prompted the B&Q and Screwfix owner to upgrade its annual guidance. Peel Hunt retained its 'add' recommendation and 350p price target, which stood around 3.6% above Tuesday's session high.

Kingfisher PLC (LSE:KGF) has launched the third tranche of its £300 million share repurchase programme, with up to £50 million allocated to buying back shares for cancellation. The B&Q and Screwfix owner said Morgan Stanley (NYSE:MS) & Co.

Deutsche Bank has upgraded Kingfisher PLC (LSE:KGF), the FTSE 100 owner of B&Q and Screwfix, to 'hold' from 'sell', and raised its price target to 300p from 260p. The move reverses a sell call made in December 2025, which had rested on UK cost pressures and a weaker economic backdrop.

Kingfisher PLC (LSE:KGF), B&M European Value Retail SA (LSE:BME) and Next PLC (LSE:NXT) were named as RBC Capital Markets' preferred UK retail plays as the broker predicted that the housing market would "hold up rather than surge". RBC said subdued housing activity and fragile consumer confidence would continue to weigh on home-related spending.

Currys PLC (LSE:CURY), Tesco PLC (LSE:TSCO) and Kingfisher PLC (LSE:KGF) were among the retailers tipped to benefit from signs that UK consumer spending strengthened in June, while Primark owner Associated British Foods PLC (LSE:ABF) could be one of the main loser as shoppers increasingly bought online. Analysts at Citi said industry data from the British Retail Consortium and Barclaycard point...