Brokerages Set Kingfisher plc (LON:KGF) Price Target at GBX 306.62

Shares of Kingfisher plc (LON:KGF) have been given an average recommendation of “Hold” by the eight research firms that are presently covering the stock, MarketBeat reports. One equities research 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 objective among brokers that have covered the stock in the last year is GBX 306.62.

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

Kingfisher Price Performance

KGF stock opened at GBX 315.50 on Friday. The firm has a 50 day moving average of GBX 302 and a 200-day moving average of GBX 303.99. The company has a market cap of £5.16 billion, a price-to-earnings ratio of 22.86, a PEG ratio of 2.87 and a beta of 1.13. The company has a current ratio of 1.21, a quick ratio of 0.27 and a debt-to-equity ratio of 38.02. Kingfisher has a 12-month low of GBX 240.30 and a 12-month high of GBX 372.30.

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 Koçta?. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.