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Kingfisher plc (ADR) (KGFHY) [hlAlert]

Rating:
Buy KGFHY
3 Months Gains
down 13.40 %

Kingfisher plc (ADR) (KGFHY) upgraded to Buy by BofA/Merrill

Posted on: Thursday,  Feb 13, 2014  8:25 AM ET by BofA/Merrill

Kingfisher plc (ADR)
(OTCBB: KGFHY) upgraded to Buy by BofA/Merrill.

Kingfisher plc is a United Kingdom-based home improvement retailer. The Company, together with its subsidiaries, joint ventures and associates, supplies home improvement products and services through a network of retail stores and other channels, located mainly in the United Kingdom, continental Europe and China. As of January 30, 2010, the Company operated over 830 stores in eight countries in Europe and Asia. Its main retail brands are B&Q, Castorama, Brico Depot and Screwfix. Kingfisher's portfolio of own brands includes the Colours range of decorative products, and MacAllister and Performance Power power tools. Kingfisher also has a 50% joint venture business in Turkey under the name Koctas? Yapi Marketleri Ticaret A.S., and a 21% interest in, and strategic alliance with Hornbach Holding A.G., a do-it-yourself (DIY) retailer operating in Germany. The Company?s geographic segments are France, UK & Ireland and Other International.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/13/2014 8:25 AM Buy
None
12.68
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/19/2013 8:25 AM Hold
None
10.68

(*) Stock Price at the time of the recommendation.
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