Kingfisher plc (LON:KGF) Given Consensus Rating of “Reduce” by Brokerages

Kingfisher plc (LON:KGF) has earned an average recommendation of “Reduce” from the eight brokerages that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is GBX 309.14.

Several research firms have recently commented on KGF. Berenberg Bank raised their target price on shares of Kingfisher from GBX 331 to GBX 334 and gave the stock a “hold” rating in a research note on Tuesday, November 25th. Citigroup increased their price target on shares of Kingfisher from GBX 300 to GBX 311 and gave the stock a “neutral” rating in a report on Wednesday, November 26th. Jefferies Financial Group lifted their price objective on Kingfisher from GBX 294 to GBX 303 and gave the company a “hold” rating in a report on Wednesday, November 26th. Peel Hunt reiterated an “add” rating and set a GBX 320 target price on shares of Kingfisher in a research report on Tuesday, November 25th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Kingfisher from GBX 280 to GBX 285 and gave the stock a “hold” rating in a research note on Tuesday, November 18th.

Kingfisher Stock Performance

LON:KGF opened at GBX 322.80 on Tuesday. The firm’s fifty day moving average price is GBX 310.87 and its 200 day moving average price is GBX 292.74. Kingfisher has a 1-year low of GBX 236.60 and a 1-year high of GBX 330.50. The company has a debt-to-equity ratio of 7.12, a current ratio of 1.26 and a quick ratio of 0.27. The firm has a market cap of £5.50 billion, a price-to-earnings ratio of 30.74, a price-to-earnings-growth ratio of 2.87 and a beta of 0.96.

Insider Buying and Selling

In other Kingfisher news, insider Lucinda Riches bought 15,000 shares of Kingfisher stock in a transaction on Monday, January 12th. The stock was bought at an average price of GBX 323 per share, with a total value of £48,450. Company insiders own 0.35% of the company’s stock.

Kingfisher Company Profile

Kingfisher plc is an international home improvement company with over 1,800 stores, supported by a team of c.73,000 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.