skip to main content
  • *
  • *
  • *
Find Insight DIY on
* * *


Broker recommends Kingfisher

Kingfisher was started with ' 'buy' rating at MF Global last week as UBS rates the retail group Kingfisher a 'buy'. The broker raised its target price from 285p to 310p ahead of Kingfisher’s first-quarter results, next week on 2nd June. UBS expects Kingfisher to report profits of £180m, 23% ahead of last year and see's the B&Q, Castorama and Screwfix owners margins improving though the year.

Source : UK City Media

24 May 2011
view more UK DIY News

Thank you for the excellent presentation that you gave at Woodbury Park on Thursday morning. It was very interesting and thought-provoking for our Retail members. The feedback has been excellent.

Martin Elliott. Chief Executive - Home Hardware.

Don't miss out on all the latest, breaking news from the DIY industry