What Does Kingfisher plc’s (LON:KGF) Share Price Indicate?
While Kingfisher plc (LON:KGF) might not have the largest market cap around , it saw a decent share price growth of 20% on the LSE over the last few months. The recent share price gains has brought the company back closer to its yearly peak. With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, could the stock still be trading at a relatively cheap price? Today we will analyse the most recent data on Kingfisher’s outlook and valuation to see if the opportunity still exists.
The stock seems fairly valued…
