A number of other brokerages also recently issued reports on KGF. HSBC downgraded Kingfisher to a reduce rating and cut their price objective for the company from GBX 160 ($2.10) to GBX 150 ($1.97) in a research note on Friday, November 22nd. Goldman Sachs Group cut their price objective on Kingfisher from GBX 212 ($2.79) to GBX 200 ($2.63) and set a neutral rating for the company in a research note on Wednesday, November 20th. Royal Bank of Canada cut their price objective on Kingfisher from GBX 180 ($2.37) to GBX 175 ($2.30) and set an underperform rating for the company in a research note on Thursday, January 23rd. Jefferies Financial Group reiterated a buy rating and set a GBX 310 ($4.08) price objective on shares of Kingfisher in a research note on Wednesday, November 20th. Finally, Credit Suisse Group boosted their price objective on Kingfisher from GBX 208 ($2.74) to GBX 230 ($3.03) and gave the company a neutral rating in a research note on Friday, February 21st. Five equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. Kingfisher presently has an average rating of Hold and an average price target of GBX 199.38 ($2.62).
Shares of LON:KGF opened at GBX 192.20 ($2.53) on Monday. The stock has a 50 day moving average of GBX 211.50 and a 200 day moving average of GBX 208.65. The company has a market cap of $4.14 billion and a PE ratio of 22.35. The company has a current ratio of 1.16, a quick ratio of 0.25 and a debt-to-equity ratio of 43.62. Kingfisher has a 12-month low of GBX 185.90 ($2.45) and a 12-month high of GBX 268.20 ($3.53).
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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