Kingfisher (LON:KGF) Sets New 12-Month High at $257.70

Shares of Kingfisher plc (LON:KGF) hit a new 52-week high on Thursday . The stock traded as high as GBX 257.70 ($3.24) and last traded at GBX 255.86 ($3.21), with a volume of 9918436 shares traded. The stock had previously closed at GBX 256.60 ($3.22).

Analysts Set New Price Targets

Separately, HSBC upgraded Kingfisher to a “buy” rating and set a GBX 305 ($3.83) price target on the stock in a report on Thursday, April 11th.

Kingfisher Stock Up 0.2 %

The stock’s fifty day moving average is GBX 240.98 and its two-hundred day moving average is GBX 230.59. The company has a current ratio of 1.29, a quick ratio of 0.27 and a debt-to-equity ratio of 37.49. The company has a market capitalization of £4.78 billion, a PE ratio of 1,425.56, a P/E/G ratio of 57.33 and a beta of 0.99.

Kingfisher Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, June 25th. Investors of record on Thursday, May 16th will be paid a GBX 8.60 ($0.11) dividend. This is a boost from Kingfisher’s previous dividend of $3.80. This represents a yield of 3.68%. The ex-dividend date is Thursday, May 16th. Kingfisher’s payout ratio is currently 6,666.67%.

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.