Shares of Kingfisher plc (LON:KGF) have earned a consensus recommendation of “Hold” from the eight brokerages that are presently covering the company, Marketbeat.com reports. Five analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 230.83 ($3.02).
Several equities analysts have commented on KGF shares. Credit Suisse Group dropped their price target on shares of Kingfisher from GBX 240 ($3.14) to GBX 220 ($2.87) and set a “neutral” rating for the company in a research note on Tuesday, June 25th. JPMorgan Chase & Co. reduced their target price on shares of Kingfisher from GBX 200 ($2.61) to GBX 190 ($2.48) and set an “underweight” rating for the company in a research note on Friday, August 16th. Royal Bank of Canada reduced their target price on shares of Kingfisher from GBX 220 ($2.87) to GBX 215 ($2.81) and set an “underperform” rating for the company in a research note on Monday, May 20th. Finally, UBS Group reiterated a “sell” rating on shares of Kingfisher in a research note on Thursday, May 16th.
KGF stock traded down GBX 3.30 ($0.04) during trading on Friday, hitting GBX 190.60 ($2.49). 11,994,642 shares of the company traded hands, compared to its average volume of 9,940,000. The firm has a market capitalization of $4.02 billion and a PE ratio of 18.69. Kingfisher has a 1 year low of GBX 189.25 ($2.47) and a 1 year high of GBX 283.30 ($3.70). The company has a 50-day moving average of GBX 212.83 and a 200-day moving average of GBX 228.24. The company has a debt-to-equity ratio of 2.67, a quick ratio of 0.22 and a current ratio of 1.28.
Kingfisher plc, together with its subsidiaries, supplies DIY and home improvement products and services primarily in the United Kingdom and continental Europe. The company operates approximately 1,300 stores in 10 countries across Europe under the B&Q, Castorama, Brico Dépôt, Screwfix, and Koctas brands.
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