Kingfisher plc (LON:KGF) Given Average Rating of “Hold” by Brokerages

Kingfisher plc (LON:KGFGet Free Report) has been assigned an average recommendation of “Hold” from the eight research firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 306.62.

A number of research analysts have recently issued reports on KGF shares. Jefferies Financial Group reiterated a “hold” rating and set a GBX 291 price target on shares of Kingfisher in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and issued a GBX 260 price objective on shares of Kingfisher in a report on Wednesday, May 27th. UBS Group reissued a “neutral” rating and set a GBX 295 target price on shares of Kingfisher in a research note on Friday, May 22nd. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 350 price target on shares of Kingfisher in a report on Friday, July 10th. Finally, Berenberg Bank restated a “hold” rating and issued a GBX 295 price target on shares of Kingfisher in a research note on Wednesday, May 27th.

View Our Latest Stock Report on KGF

Kingfisher Stock Performance

LON KGF opened at GBX 321.30 on Friday. The company has a quick ratio of 0.27, a current ratio of 1.21 and a debt-to-equity ratio of 38.02. Kingfisher has a 52-week low of GBX 240.30 and a 52-week high of GBX 372.30. The business’s 50-day moving average price is GBX 298.35 and its 200 day moving average price is GBX 304.85. The firm has a market cap of £5.26 billion, a P/E ratio of 23.28, a P/E/G ratio of 2.87 and a beta of 1.13.

Kingfisher Company Profile

(Get Free Report)

Kingfisher plc is an international home improvement company with over 1,800 stores, supported by a team of more than 70,000 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.

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Analyst Recommendations for Kingfisher (LON:KGF)

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