Kingfisher (LON:KGF) Upgraded to Buy by Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of Kingfisher (LON:KGF) to a buy rating in a research report report published on Tuesday, MarketBeat reports. Deutsche Bank Aktiengesellschaft currently has GBX 310 ($3.97) price target on the home improvement retailer’s stock, up from their prior price target of GBX 245 ($3.14).

Separately, HSBC upgraded shares of Kingfisher to a buy rating and set a GBX 305 ($3.91) target price for the company in a research report on Thursday, April 11th.

Kingfisher Stock Up 1.4 %

Kingfisher stock opened at GBX 273.10 ($3.50) on Tuesday. The company has a debt-to-equity ratio of 37.49, a quick ratio of 0.27 and a current ratio of 1.29. Kingfisher has a one year low of GBX 198.30 ($2.54) and a one year high of GBX 274 ($3.51). The company has a 50-day simple moving average of GBX 258.33 and a 200-day simple moving average of GBX 241.61. The firm has a market capitalization of £5.05 billion, a P/E ratio of 1,517.22, a P/E/G ratio of 2.82 and a beta of 0.99.

About Kingfisher

Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. It also operates retail stores under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas brands. The company sells its products through stores and e-commerce channels.