Hold Kingfisher (KGF) by Richard Evans in The Telegraph - Questor

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  • Performance

    -28.76%

  • Price at start

    370.00p

    (ask)

  • Current price

    247.40p

    (bid)

  • Tip made

    19/09/2021

  • Tip Status

    Open

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Tip Notes

"...The company has already told the City to expect a 10pc rise in pre-tax profits for the first half to £645m-£660m. Numis expects £930m for the full year, which would put the shares at a multiple of just 11 times earnings. In Questor’s view that prices in plenty of uncertainty about how long the DIY boom can last." - Richard Evans, Telegraph, Questor

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