Kingfisher (LON:KGF) Price Target Raised to GBX 285 at Deutsche Bank Aktiengesellschaft

Kingfisher (LON:KGF) had its target price lifted by Deutsche Bank Aktiengesellschaft from GBX 280 to GBX 285 in a research report sent to investors on Tuesday morning, MarketBeat reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the home improvement retailer’s stock.

Other analysts have also issued reports about the company. Berenberg Bank cut their price target on Kingfisher from GBX 312 to GBX 306 and set a “hold” rating on the stock in a research note on Tuesday, July 29th. Canaccord Genuity Group raised their price objective on shares of Kingfisher from GBX 306 to GBX 331 and gave the company a “hold” rating in a report on Tuesday, September 23rd. Citigroup cut their target price on shares of Kingfisher from GBX 300 to GBX 285 and set a “neutral” rating on the stock in a research report on Wednesday, August 13th. Finally, JPMorgan Chase & Co. reissued an “underweight” rating on shares of Kingfisher in a report on Wednesday, July 30th. Four analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Kingfisher has a consensus rating of “Reduce” and an average price target of GBX 297.40.

Kingfisher Stock Down 1.4%

Shares of LON:KGF opened at GBX 290.05 on Tuesday. Kingfisher has a 52-week low of GBX 227.20 and a 52-week high of GBX 320.60. The company has a market capitalization of £4.98 billion, a PE ratio of 27.62, a price-to-earnings-growth ratio of 2.87 and a beta of 0.96. The company has a debt-to-equity ratio of 7.12, a quick ratio of 0.27 and a current ratio of 1.26. The company has a fifty day moving average of GBX 293.90 and a 200-day moving average of GBX 284.78.

Kingfisher (LON:KGF) last released its quarterly earnings data on Tuesday, September 23rd. The home improvement retailer reported GBX 15.30 earnings per share for the quarter. Kingfisher had a return on equity of 5.23% and a net margin of 2.68%. On average, equities analysts predict that Kingfisher will post 23.6949924 EPS for the current fiscal year.

About Kingfisher

Kingfisher plc is an international home improvement company with over 1,900 stores, supported by a team of c.76,000 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.