Kingfisher, GB0033195214

Kingfisher stock gains after Deutsche Bank lifts target

Published on 09/20/2026 at 20:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deutsche Bank raised Kingfisher stock to 300p from 260p on September 17, 2026. The shares traded at 301.80 GBX, with a market cap of $6.59 billion.

Fotorealistische Innenansicht eines Baumarkt-Lagers mit Regalen voller Farben und Werkzeug — Kingfisher plc GB0033195214 zeigt fotorealistische Baumarkt-Regale mit Farben, Werkzeug und Holzbrettern im Lager, Illustration mit AI erstellt.

Kingfisher plc stock (ISIN GB0033195214) traded at 301.80 GBX on the London market, after Deutsche Bank lifted its target to 300p from 260p and upgraded the shares to hold on September 17, 2026, according to Sharecast. The same snapshot showed a daily move of -2.46 percent and a market capitalization of $6.59 billion.

Broker call sets the tone

The broker move matters because the new 300p target sits above the 301.80 GBX quote, while the prior 260p mark leaves a 15.4 percent step-up in the valuation view. Sharecast said the upgrade came on September 17, 2026, and the call was tied to a move from sell to hold.

For investors, that makes the rating change more important than the one-day tape. The target is only 0.6 percent below the 301.80 GBX trading level, so the shares are already near the broker view.

Latest reported numbers

Kingfisher's most recent reported figures came with the half-year results on August 6, 2026, when the company reported revenue of GBP 6.81 billion and adjusted profit before tax of GBP 368 million, according to MarketScreener. The same news list also noted that KSB reported earnings on August 6, 2026, while Kingfisher's own recent update was not included in the available hits.

That gives the stock a clear comparison base: revenue of GBP 6.81 billion in the half year and adjusted profit before tax of GBP 368 million are the current reported figures in view here, while the broker target on September 17, 2026 adds a fresh market anchor.

Price near target

Kingfisher shares stood at 301.80 GBX on September 20, 2026, with a market capitalization of $6.59 billion and a 1-day change of -2.46 percent. The stock is now close to the 300p target from Deutsche Bank, which leaves little room between the latest quote and the new broker view.