Kingfisher plc (LON:KGF) Receives GBX 306.62 Average PT from Analysts

Shares of Kingfisher plc (LON:KGF) have earned an average rating of “Hold” from the eight analysts that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 306.62.

A number of equities analysts have issued reports on the company. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 350 target price on shares of Kingfisher in a report on Friday, July 10th. Jefferies Financial Group restated a “hold” rating and issued a GBX 291 price target on shares of Kingfisher in a report on Monday, July 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 260 price objective on shares of Kingfisher in a research report on Wednesday, May 27th. Finally, Berenberg Bank reissued a “hold” rating and issued a GBX 295 target price on shares of Kingfisher in a research report on Wednesday, May 27th.

Kingfisher Trading Down 0.2%

Shares of LON:KGF opened at GBX 301.30 on Wednesday. Kingfisher has a 12 month low of GBX 249.20 and a 12 month high of GBX 372.30. The company has a quick ratio of 0.27, a current ratio of 1.21 and a debt-to-equity ratio of 38.02. The company’s fifty day simple moving average is GBX 307.45 and its 200 day simple moving average is GBX 297.27. The firm has a market cap of £4.88 billion, a price-to-earnings ratio of 21.83, a PEG ratio of 2.87 and a beta of 1.13.

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.