Kingfisher (LON:KGF) Earns Neutral Rating from UBS Group

Kingfisher (LON:KGF)‘s stock had its “neutral” rating reaffirmed by investment analysts at UBS Group in a note issued to investors on Wednesday, MarketBeat Ratings reports. They presently have a GBX 315 target price on the home improvement retailer’s stock. UBS Group’s price objective indicates a potential upside of 11.62% from the company’s previous close.

Several other equities analysts have also recently issued reports on the stock. Jefferies Financial Group upped their price target on shares of Kingfisher from GBX 294 to GBX 303 and gave the company a “hold” rating in a research report on Wednesday, November 26th. Peel Hunt reissued an “add” rating and issued a GBX 320 price objective on shares of Kingfisher in a research note on Tuesday, November 25th. Berenberg Bank decreased their price objective on Kingfisher from GBX 333 to GBX 310 and set a “hold” rating for the company in a report on Wednesday. Finally, Citigroup increased their price objective on Kingfisher from GBX 300 to GBX 311 and gave the company a “neutral” rating in a report on Wednesday, November 26th. One investment analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce” and an average price target of GBX 306.88.

Kingfisher Stock Performance

Kingfisher stock opened at GBX 282.22 on Wednesday. The business has a 50 day moving average of GBX 333.08 and a 200-day moving average of GBX 311.58. Kingfisher has a 1 year low of GBX 238.10 and a 1 year high of GBX 372.30. The company has a debt-to-equity ratio of 36.39, a current ratio of 1.21 and a quick ratio of 0.27. The company has a market capitalization of £4.75 billion, a P/E ratio of 26.88, a P/E/G ratio of 2.87 and a beta of 1.05.

Kingfisher (LON:KGF) last posted its earnings results on Tuesday, March 24th. The home improvement retailer reported GBX 23.80 EPS for the quarter. Kingfisher had a net margin of 1.89% and a return on equity of 3.91%. On average, equities research analysts predict that Kingfisher will post 23.6949924 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Lucinda Riches bought 15,000 shares of the firm’s stock in a transaction on Monday, January 12th. The stock was acquired at an average price of GBX 323 per share, with a total value of £48,450. 0.37% of the stock is owned by insiders.

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.