Kingfisher plc (LON:KGF) Receives GBX 300.43 Consensus PT from Analysts

Shares of Kingfisher plc (LON:KGF) have been given an average recommendation of “Reduce” by the eight research firms that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 300.43.

Several equities analysts have recently commented on KGF shares. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 295 target price on shares of Kingfisher in a research report on Wednesday, May 27th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 291 target price on shares of Kingfisher in a research report on Tuesday, May 26th. UBS Group reaffirmed a “neutral” rating and issued a GBX 295 target price on shares of Kingfisher in a research report on Friday, May 22nd. Finally, Deutsche Bank Aktiengesellschaft reissued a “sell” rating and issued a GBX 260 target price on shares of Kingfisher in a research report on Wednesday, May 27th.

Kingfisher Trading Up 0.5%

KGF stock opened at GBX 289.70 on Monday. The company has a debt-to-equity ratio of 38.02, a current ratio of 1.21 and a quick ratio of 0.27. The company has a fifty day moving average price of GBX 289.60 and a two-hundred day moving average price of GBX 310.62. Kingfisher has a one year low of GBX 240.30 and a one year high of GBX 372.30. The stock has a market cap of £4.86 billion, a price-to-earnings ratio of 20.99, a price-to-earnings-growth ratio of 2.87 and a beta of 1.11.

Kingfisher (LON:KGF) last posted its earnings results on Tuesday, March 24th. The home improvement retailer reported GBX 23.80 EPS for the quarter. Kingfisher had a return on equity of 3.91% and a net margin of 1.89%. Equities analysts anticipate that Kingfisher will post 23.6949924 EPS for the current year.

Kingfisher announced that its Board of Directors has initiated a share buyback plan on Friday, April 10th that allows the company to repurchase 0 shares. This repurchase authorization allows the home improvement retailer to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

Kingfisher Company Profile

Kingfisher plc is an international home improvement company with over 1,800 stores, supported by a team of more than 70,000 colleagues. We operate in seven countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.