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

Shares of Kingfisher plc (LON:KGF) have earned a consensus rating of “Reduce” from the eight brokerages that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 309.14.

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

Insider Activity at Kingfisher

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

Kingfisher Stock Performance

Shares of Kingfisher stock opened at GBX 358.15 on Friday. The company has a quick ratio of 0.27, a current ratio of 1.26 and a debt-to-equity ratio of 7.12. The stock’s fifty day moving average is GBX 328.50 and its two-hundred day moving average is GBX 302.25. Kingfisher has a 52 week low of GBX 238.10 and a 52 week high of GBX 367.40. The company has a market capitalization of £6.08 billion, a PE ratio of 34.11, a price-to-earnings-growth ratio of 2.87 and a beta of 0.96.

Kingfisher Company Profile

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.