Kingfisher plc (LON:KGF) Receives GBX 306.62 Average Target Price from Brokerages

Kingfisher plc (LON:KGF) has been assigned a consensus recommendation of “Hold” from the eight ratings firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 306.62.

Several equities analysts recently commented on the company. UBS Group reiterated a “neutral” rating and issued a GBX 295 price objective on shares of Kingfisher in a research note on Friday, May 22nd. Berenberg Bank reissued a “hold” rating and issued a GBX 295 target price on shares of Kingfisher in a research report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft restated a “sell” rating and issued a GBX 260 target price on shares of Kingfisher in a research note on Wednesday, May 27th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 350 price target on shares of Kingfisher in a research note on Friday, July 10th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a GBX 291 price objective on shares of Kingfisher in a report on Monday, July 27th.

Kingfisher Stock Down 0.5%

Kingfisher stock opened at GBX 321.20 on Friday. The firm has a 50 day moving average price of GBX 300.55 and a 200-day moving average price of GBX 304.06. The company has a quick ratio of 0.27, a current ratio of 1.21 and a debt-to-equity ratio of 38.02. Kingfisher has a twelve month low of GBX 240.30 and a twelve month high of GBX 372.30. The company has a market capitalization of £5.26 billion, a P/E ratio of 23.28, a P/E/G ratio of 2.87 and a beta of 1.13.

About Kingfisher

Kingfisher plc is an international home improvement company with over 1,800 stores, supported by a team of more than 70,000 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.