Kingfisher’s (KGF) Hold Rating Reaffirmed at Jefferies Financial Group

Kingfisher (LON:KGF)‘s stock had its “hold” rating restated by research analysts at Jefferies Financial Group in a research note issued on Friday, Digital Look reports. They currently have a GBX 250 ($3.20) price objective on the home improvement retailer’s stock. Jefferies Financial Group’s price target suggests a potential downside of 8.09% from the stock’s previous close.

Several other research firms have also issued reports on KGF. HSBC raised shares of Kingfisher to a “buy” rating and set a GBX 305 ($3.91) price target on the stock in a report on Thursday, April 11th. Deutsche Bank Aktiengesellschaft raised shares of Kingfisher to a “buy” rating and lifted their price target for the stock from GBX 245 ($3.14) to GBX 310 ($3.97) in a report on Tuesday.

Kingfisher Stock Up 1.0 %

LON KGF traded up GBX 2.60 ($0.03) on Friday, hitting GBX 272 ($3.48). The stock had a trading volume of 6,632,536 shares, compared to its average volume of 6,070,252. The business’s fifty day moving average price is GBX 257.84 and its 200 day moving average price is GBX 241.43. The company has a debt-to-equity ratio of 37.49, a current ratio of 1.29 and a quick ratio of 0.27. Kingfisher has a 52-week low of GBX 198.30 ($2.54) and a 52-week high of GBX 274 ($3.51). The stock has a market cap of £5.03 billion, a price-to-earnings ratio of 1,511.11, a price-to-earnings-growth ratio of 2.82 and a beta of 0.99.

Kingfisher Company Profile

Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. It also operates retail stores under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas brands. The company sells its products through stores and e-commerce channels.