Kingfisher plc (LON:KGF) Receives Average Recommendation of “Reduce” from Brokerages

Shares of Kingfisher plc (LON:KGF) have been assigned an average recommendation of “Reduce” from the nine research firms that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 303.75.

Several equities research analysts have recently weighed in on KGF shares. UBS Group reiterated a “neutral” rating and set a GBX 315 target price on shares of Kingfisher in a research note on Wednesday, March 25th. Berenberg Bank reduced their price objective on Kingfisher from GBX 333 to GBX 310 and set a “hold” rating for the company in a research note on Wednesday, March 25th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Kingfisher from GBX 255 to GBX 260 and gave the stock a “sell” rating in a research report on Friday, March 27th.

Kingfisher Stock Down 0.1%

KGF stock opened at GBX 283.40 on Wednesday. The company has a market cap of £4.77 billion, a price-to-earnings ratio of 26.99, a price-to-earnings-growth ratio of 2.87 and a beta of 1.05. The company has a fifty day moving average price of GBX 330.67 and a 200 day moving average price of GBX 313.11. The company has a debt-to-equity ratio of 38.02, a current ratio of 1.21 and a quick ratio of 0.27. Kingfisher has a 12 month low of GBX 238.10 and a 12 month high of GBX 372.30.

Kingfisher (LON:KGF) last issued its quarterly earnings data on Tuesday, March 24th. The home improvement retailer reported GBX 23.80 earnings per share (EPS) for the quarter. Kingfisher had a net margin of 1.89% and a return on equity of 3.91%. Sell-side analysts expect that Kingfisher will post 23.6949924 earnings per share for the current year.

Insider Activity at Kingfisher

In related news, insider Lucinda Riches purchased 15,000 shares of the business’s stock in a transaction dated Monday, January 12th. The stock was acquired at an average price of GBX 323 per share, for a total transaction of £48,450. 0.37% of the stock is owned by company insiders.

About Kingfisher

Kingfisher plc is an international home improvement company with over 1,800 stores, supported by a team of c.73,000 colleagues. We operate in seven countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçta?. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.