Kingfisher PLC (OTCMKTS:KGFHY) Given Consensus Rating of “Reduce” by Brokerages

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

Several research analysts have commented on KGFHY shares. Deutsche Bank Aktiengesellschaft cut shares of Kingfisher from a “hold” rating to a “sell” rating in a report on Wednesday, December 10th. UBS Group reissued a “neutral” rating on shares of Kingfisher in a report on Wednesday, December 10th. Royal Bank Of Canada upgraded Kingfisher from a “hold” rating to a “moderate buy” rating in a research note on Friday, October 24th. Finally, Barclays reaffirmed an “underweight” rating on shares of Kingfisher in a research report on Tuesday, December 9th.

Kingfisher Stock Up 3.4%

Shares of Kingfisher stock opened at $9.48 on Monday. The business has a 50-day simple moving average of $8.56 and a 200-day simple moving average of $7.92. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.28 and a quick ratio of 0.33. Kingfisher has a one year low of $6.01 and a one year high of $9.66.

Kingfisher Company Profile

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 Koçta? in Turkey.