Kingfisher PLC (OTCMKTS:KGFHY) Receives Average Recommendation of “Reduce” from Analysts

Shares of Kingfisher PLC (OTCMKTS:KGFHY) have earned an average rating of “Reduce” from the six analysts that are currently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and one has issued a buy recommendation on the company.

A number of analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft downgraded Kingfisher from a “hold” rating to a “sell” rating in a research report on Wednesday, December 10th. UBS Group restated a “neutral” rating on shares of Kingfisher in a report on Wednesday, December 10th. Finally, Barclays reaffirmed an “underweight” rating on shares of Kingfisher in a research note on Tuesday, December 9th.

Kingfisher Price Performance

KGFHY opened at $9.21 on Friday. The company has a current ratio of 1.28, a quick ratio of 0.33 and a debt-to-equity ratio of 0.02. The stock has a 50-day moving average price of $9.14 and a 200-day moving average price of $8.24. Kingfisher has a 12-month low of $6.05 and a 12-month high of $10.17.

About Kingfisher

Kingfisher plc (OTCMKTS: KGFHY) is a leading international home improvement retailer headquartered in London, United Kingdom. The company operates a network of stores and digital platforms offering a comprehensive range of do-it-yourself (DIY) and home improvement products. Kingfisher’s business model focuses on delivering value to both retail customers and trade professionals through an integrated omni-channel approach.

The group’s retail banners include B&Q and Screwfix in the UK and Ireland, Castorama and Brico Dépôt in France and Poland, and Koçtaş in Turkey.