KINGFISHER PLC/SH (OTCMKTS:KGFHY) Upgraded to Buy at Goldman Sachs Group

KINGFISHER PLC/SH (OTCMKTS:KGFHY) was upgraded by equities research analysts at Goldman Sachs Group from a “neutral” rating to a “buy” rating in a research report issued on Tuesday, The Fly reports.

Several other equities analysts have also recently issued reports on KGFHY. Royal Bank of Canada upgraded shares of KINGFISHER PLC/SH from an “underperform” rating to an “outperform” rating in a research report on Monday, June 8th. ValuEngine cut shares of KINGFISHER PLC/SH from a “hold” rating to a “sell” rating in a research report on Thursday, April 2nd. Zacks Investment Research cut shares of KINGFISHER PLC/SH from a “hold” rating to a “sell” rating in a research report on Tuesday, March 10th. Societe Generale upgraded shares of KINGFISHER PLC/SH from a “sell” rating to a “hold” rating in a research report on Wednesday, May 13th. Finally, Investec cut shares of KINGFISHER PLC/SH from a “hold” rating to a “sell” rating in a research report on Tuesday. Four research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold”.

Shares of KGFHY stock traded up $0.20 during mid-day trading on Tuesday, reaching $5.42. The stock had a trading volume of 119,925 shares, compared to its average volume of 151,468. The stock’s 50-day moving average price is $4.77 and its two-hundred day moving average price is $4.72. KINGFISHER PLC/SH has a 52-week low of $2.50 and a 52-week high of $6.03. The firm has a market capitalization of $5.72 billion, a PE ratio of 11.29, a price-to-earnings-growth ratio of 3.89 and a beta of 1.47.

KINGFISHER PLC/SH Company Profile

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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The Fly

Analyst Recommendations for KINGFISHER PLC/SH (OTCMKTS:KGFHY)

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