Kingfisher plc (LON:KGF) Receives Consensus Recommendation of “Reduce” from Analysts

Kingfisher plc (LON:KGF) has earned an average recommendation of “Reduce” from the eight research firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 309.14.

Several equities analysts have recently weighed in on the company. Berenberg Bank lifted their price objective on Kingfisher from GBX 331 to GBX 334 and gave the company a “hold” rating in a report on Tuesday, November 25th. Jefferies Financial Group raised their target price on shares of Kingfisher from GBX 294 to GBX 303 and gave the stock a “hold” rating in a report on Wednesday, November 26th. Citigroup lifted their price target on shares of Kingfisher from GBX 300 to GBX 311 and gave the company a “neutral” rating in a research note on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Kingfisher from GBX 280 to GBX 285 and gave the company a “hold” rating in a report on Tuesday, November 18th. Finally, Peel Hunt restated an “add” rating and set a GBX 320 price objective on shares of Kingfisher in a report on Tuesday, November 25th.

Kingfisher Stock Performance

Shares of KGF stock opened at GBX 312.69 on Monday. The company has a current ratio of 1.26, a quick ratio of 0.27 and a debt-to-equity ratio of 7.12. Kingfisher has a 1-year low of GBX 227.20 and a 1-year high of GBX 320.60. The stock’s fifty day simple moving average is GBX 304.64 and its 200-day simple moving average is GBX 284.53. The company has a market capitalization of £5.35 billion, a price-to-earnings ratio of 29.78, a P/E/G ratio of 2.87 and a beta of 0.96.

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

About Kingfisher

Kingfisher plc is an international home improvement company with over 1,800 stores, supported by a team of c.73,000 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.