Kingfisher plc (LON:KGF) Receives GBX 306.88 Consensus PT from Analysts

Kingfisher plc (LON:KGF) has been given an average recommendation of “Reduce” by the nine research firms that are presently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 303.75.

Several research firms recently weighed in on KGF. Berenberg Bank reduced their target price on shares of Kingfisher from GBX 333 to GBX 310 and set a “hold” rating for the company in a research note on Wednesday. UBS Group restated a “neutral” rating and set a GBX 315 price target on shares of Kingfisher in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Kingfisher from GBX 255 to GBX 260 and gave the company a “sell” rating in a report on Friday.

Kingfisher Price Performance

LON:KGF opened at GBX 273.90 on Wednesday. The company has a debt-to-equity ratio of 38.02, a current ratio of 1.21 and a quick ratio of 0.27. Kingfisher has a one year low of GBX 238.10 and a one year high of GBX 372.30. The company has a fifty day moving average price of GBX 332.19 and a 200 day moving average price of GBX 311.71. The stock has a market cap of £4.61 billion, a P/E ratio of 26.09, a PEG ratio of 2.87 and a beta of 1.05.

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

Insider Activity at Kingfisher

In other news, insider Lucinda Riches bought 15,000 shares of the business’s stock in a transaction that occurred on Monday, January 12th. The stock was acquired at an average cost of GBX 323 per share, for a total transaction of £48,450. Insiders own 0.37% of the company’s stock.

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.