By Steve Moore | Tuesday 25 March 2025
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Writing on B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and more international home improvement company Kingfisher (KGF) in November with the shares falling to below 260p, I concluded that, with macro developments further uncertainty, just on the recovery watchlist. The shares most recently closed at 279.7p but what of them currently falling towards 240p on the back of the company’s full-year results announcement?
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