Kingfisher (LON:KGF) had its price target cut by Goldman Sachs Group from GBX 212 ($2.77) to GBX 200 ($2.61) in a research report released on Wednesday, Stock Target Advisor reports. They currently have a neutral rating on the home improvement retailer’s stock.

KGF has been the subject of a number of other research reports. Credit Suisse Group reissued a neutral rating and issued a GBX 220 ($2.87) price objective on shares of Kingfisher in a research note on Monday, September 2nd. Jefferies Financial Group reissued a buy rating and issued a GBX 310 ($4.05) price objective on shares of Kingfisher in a research note on Friday, November 1st. JPMorgan Chase & Co. reduced their price objective on shares of Kingfisher from GBX 200 ($2.61) to GBX 190 ($2.48) and set an underweight rating for the company in a research note on Friday, August 16th. Finally, UBS Group reissued a sell rating and issued a GBX 180 ($2.35) price objective (down previously from GBX 205 ($2.68)) on shares of Kingfisher in a research note on Thursday, September 19th. Five research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. Kingfisher has an average rating of Hold and an average target price of GBX 208.13 ($2.72).

LON:KGF traded up GBX 3.50 ($0.05) during trading hours on Wednesday, reaching GBX 197.50 ($2.58). The company’s stock had a trading volume of 11,554,466 shares, compared to its average volume of 9,940,000. The company has a market capitalization of $4.40 billion and a P/E ratio of 22.97. Kingfisher has a 12 month low of GBX 185.90 ($2.43) and a 12 month high of GBX 268.20 ($3.50). The company has a debt-to-equity ratio of 43.62, a quick ratio of 0.25 and a current ratio of 1.16. The stock has a 50 day moving average price of GBX 208.78 and a two-hundred day moving average price of GBX 213.71.

The firm also recently disclosed a dividend, which was paid on Friday, November 8th. Investors of record on Thursday, October 3rd were paid a GBX 3.33 ($0.04) dividend. This represents a yield of 1.71%. The ex-dividend date of this dividend was Thursday, October 3rd. Kingfisher’s dividend payout ratio (DPR) is 1.28%.

In other Kingfisher news, insider Bernard Bot purchased 50,000 shares of Kingfisher stock in a transaction dated Friday, November 1st. The shares were acquired at an average cost of GBX 208 ($2.72) per share, with a total value of £104,000 ($135,894.42).

About Kingfisher

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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Analyst Recommendations for Kingfisher (LON:KGF)

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