Kingfisher plc (LON:KGF) Receives Average Rating of “Hold” from Analysts

Shares of Kingfisher plc (LON:KGF) have been given an average rating of “Hold” by the eight ratings firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 306.62.

KGF has been the subject of several recent analyst reports. UBS Group reissued a “neutral” rating and issued a GBX 295 price target on shares of Kingfisher in a report on Friday, May 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 350 price objective on shares of Kingfisher in a report on Friday, July 10th. Berenberg Bank reiterated 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 reiterated a “hold” rating and issued a GBX 291 price objective on shares of Kingfisher in a report on Monday, July 27th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and set a GBX 260 price objective on shares of Kingfisher in a research note on Wednesday, May 27th.

Kingfisher Price Performance

Shares of LON:KGF opened at GBX 321.30 on Friday. Kingfisher has a twelve month low of GBX 240.30 and a twelve month high of GBX 372.30. The company has a current ratio of 1.21, a quick ratio of 0.27 and a debt-to-equity ratio of 38.02. The company has a market cap of £5.26 billion, a PE ratio of 23.28, a price-to-earnings-growth ratio of 2.87 and a beta of 1.13. The company’s 50 day moving average is GBX 298.35 and its 200 day moving average is GBX 304.85.

About Kingfisher

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.