Kingfisher PLC (OTCMKTS:KGFHY) Given Consensus Recommendation of “Reduce” by Brokerages

Shares of Kingfisher PLC (OTCMKTS:KGFHY) have received an average recommendation of “Reduce” from the six brokerages that are covering the company, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, two have given a hold recommendation and one has given a buy recommendation to the company.

A number of research firms have issued reports on KGFHY. UBS Group reiterated a “neutral” rating on shares of Kingfisher in a research report on Wednesday, December 10th. Royal Bank Of Canada raised Kingfisher from a “hold” rating to a “moderate buy” rating in a report on Friday, October 24th. Barclays reiterated an “underweight” rating on shares of Kingfisher in a report on Tuesday, December 9th. Finally, Deutsche Bank Aktiengesellschaft downgraded Kingfisher from a “hold” rating to a “sell” rating in a research report on Wednesday, December 10th.

Kingfisher Stock Up 0.3%

Shares of KGFHY opened at $9.18 on Monday. The company has a 50-day moving average of $8.43 and a two-hundred day moving average of $7.86. Kingfisher has a one year low of $5.88 and a one year high of $9.29. The company has a current ratio of 1.28, a quick ratio of 0.33 and a debt-to-equity ratio of 0.02.

Kingfisher Company Profile

Kingfisher plc (OTCMKTS: KGFHY) is a leading international home improvement retailer headquartered in London, United Kingdom. The company operates a network of stores and digital platforms offering a comprehensive range of do-it-yourself (DIY) and home improvement products. Kingfisher’s business model focuses on delivering value to both retail customers and trade professionals through an integrated omni-channel approach.

The group’s retail banners include B&Q and Screwfix in the UK and Ireland, Castorama and Brico Dépôt in France and Poland, and Koçtaş in Turkey.