Credit Suisse Maintains GBX 425.00 TP On Kingfisher PLC (LON:KGF), Maintains “Outperform” Rating; Delphi Management Decreased Whirlpool (WHR) Holding By $2.46 Million

March 13, 2018 - By rebbecca

Delphi Management Inc decreased Whirlpool Corp (WHR) stake by 51.25% reported in 2017Q3 SEC filing. Delphi Management Inc sold 13,381 shares as Whirlpool Corp (WHR)’s stock rose 1.07%. The Delphi Management Inc holds 12,728 shares with $2.35 million value, down from 26,109 last quarter. Whirlpool Corp now has $11.55 billion valuation. The stock decreased 0.46% or $0.75 during the last trading session, reaching $163.31. About 536,100 shares traded. Whirlpool Corporation (NYSE:WHR) has risen 6.81% since March 13, 2017 and is uptrending. It has underperformed by 9.89% the S&P500.

The financial firm have set target price of GBX 425.00 on Kingfisher PLC (LON:KGF) shares. This is 20.31% from the previous close. In analysts report issued on Tuesday, 13 March, Credit Suisse reiterated their “Outperform” rating on shares of KGF.

Among 10 analysts covering Whirlpool (NYSE:WHR), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Whirlpool has $22600 highest and $171 lowest target. $189.88’s average target is 16.27% above currents $163.31 stock price. Whirlpool had 30 analyst reports since August 13, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, September 12 by Gabelli. Raymond James upgraded the shares of WHR in report on Monday, October 26 to “Strong Buy” rating. The rating was initiated by Goldman Sachs on Tuesday, October 6 with “Neutral”. The firm has “Sector Perform” rating by RBC Capital Markets given on Tuesday, October 24. The firm earned “Outperform” rating on Thursday, August 13 by RBC Capital Markets. The company was maintained on Monday, July 24 by RBC Capital Markets. The stock of Whirlpool Corporation (NYSE:WHR) has “Sector Weight” rating given on Friday, January 26 by KeyBanc Capital Markets. The firm has “Top Pick” rating given on Monday, October 26 by RBC Capital Markets. The company was maintained on Monday, October 9 by RBC Capital Markets. The stock of Whirlpool Corporation (NYSE:WHR) has “Overweight” rating given on Tuesday, March 15 by JP Morgan.

Investors sentiment decreased to 0.93 in Q3 2017. Its down 0.09, from 1.02 in 2017Q2. It dived, as 48 investors sold WHR shares while 188 reduced holdings. 54 funds opened positions while 187 raised stakes. 65.00 million shares or 1.05% less from 65.69 million shares in 2017Q2 were reported. Amf Pensionsforsakring Ab reported 200,764 shares. Moreover, Duncker Streett & has 0.01% invested in Whirlpool Corporation (NYSE:WHR). Fairpointe Capital Ltd Liability Corp invested in 464,825 shares. Cap Growth Mngmt Lp stated it has 115,000 shares or 0.93% of all its holdings. Putnam Invests Lc invested in 1,383 shares. Ameritas Invest holds 10,221 shares. Holderness holds 1,200 shares or 0.11% of its portfolio. Hudock Capital Gru Lc reported 200 shares. Spears Abacus Advsr Ltd Liability Company invested in 97,992 shares or 2.16% of the stock. Commerzbank Aktiengesellschaft Fi has invested 0.06% in Whirlpool Corporation (NYSE:WHR). Suntrust Banks accumulated 0.09% or 90,689 shares. Afam Cap has 35,539 shares for 0.79% of their portfolio. Moreover, Norinchukin Financial Bank The has 0.02% invested in Whirlpool Corporation (NYSE:WHR). Chevy Chase Hldg Incorporated has invested 0.05% of its portfolio in Whirlpool Corporation (NYSE:WHR). 548,090 were accumulated by Ameriprise Fincl Incorporated.

Analysts await Whirlpool Corporation (NYSE:WHR) to report earnings on April, 23. They expect $3.14 earnings per share, up 25.60% or $0.64 from last year’s $2.5 per share. WHR’s profit will be $221.98 million for 13.00 P/E if the $3.14 EPS becomes a reality. After $4.10 actual earnings per share reported by Whirlpool Corporation for the previous quarter, Wall Street now forecasts -23.41% negative EPS growth.

Among 28 analysts covering Kingfisher PLC (LON:KGF), 9 have Buy rating, 12 Sell and 7 Hold. Therefore 32% are positive. Kingfisher PLC has GBX 4100 highest and GBX 260 lowest target. GBX 337.81’s average target is -4.28% below currents GBX 352.9 stock price. Kingfisher PLC had 259 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Buy” rating by Goldman Sachs given on Tuesday, November 24. The stock of Kingfisher plc (LON:KGF) earned “Underweight” rating by JP Morgan on Thursday, September 1. Haitong Securities maintained it with “Sell” rating and GBX 275 target in Tuesday, November 22 report. On Monday, December 7 the stock rating was maintained by RBC Capital Markets with “Underperform”. On Thursday, August 4 the stock rating was maintained by Jefferies with “Hold”. JP Morgan maintained the stock with “Underweight” rating in Thursday, June 8 report. Haitong Securities maintained the shares of KGF in report on Tuesday, September 20 with “Sell” rating. The firm has “Sell” rating by Haitong Securities given on Monday, January 25. The stock has “Underweight” rating by JP Morgan on Monday, May 8. The stock of Kingfisher plc (LON:KGF) earned “Underperform” rating by RBC Capital Markets on Thursday, March 3.

Kingfisher plc, together with its subsidiaries, supplies home improvement services and products through a network of retail stores and other channels located primarily in the United Kingdom and continental Europe. The company has market cap of 7.60 billion GBP. The firm offers garden furnishing, exterior lighting, performance hand and power tools, heating and cooling systems, security and water treatment products, air treatment products, and communication products. It has a 13.47 P/E ratio. It also engages in the property investment, sourcing, finance, and IT services businesses.