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Armchair Trader Pick: Tactical Trading Portfolio

  • Kingfisher (LSE:KGF)
  • Sector: Consumer Cyclicals (Specialty Retail)
  • Market cap: GBP 7.22bn
  • Entry price: 343p (24 December)
  • Target price: 415p
  • Stop loss: 10% (trailing)

Kingfisher (LSE:KGF) is a British multinational retailing company focusing on the provision of home improvement products and services. Originally founded in 1982, the company has grown to own over 1,400 stores and have 80,000 employees in eight countries across Europe, with notable subsidiaries including B&Q, Screwfix and Brico Depot. As of business end on 24th December 2021, Kingfisher’s share price was trading at 343GBX, up over 20% from 12 months ago.

 

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Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

Adel Ahmed

Adel Ahmed

Adel Ahmed is a reporter with The Armchair Trader based in London. He covers a broad range of financial markets and asset classes. He has completed the Bloomberg Markets Concepts course and is the President of the SOAS Investment Management Society.

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