Kingfisher’s (KGF) Underweight Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their underweight rating on shares of Kingfisher (LON:KGF) in a report published on Friday morning, MarketBeat.com reports.

Several other research firms have also recently weighed in on KGF. Jefferies Financial Group reissued a hold rating and set a GBX 250 ($3.24) price objective on shares of Kingfisher in a research report on Friday. HSBC upgraded Kingfisher to a buy rating and set a GBX 305 ($3.96) price target for the company in a report on Thursday, April 11th. Finally, Deutsche Bank Aktiengesellschaft raised Kingfisher to a buy rating and increased their price objective for the company from GBX 245 ($3.18) to GBX 310 ($4.02) in a research report on Tuesday, July 9th.

Kingfisher Price Performance

Shares of Kingfisher stock opened at GBX 268 ($3.48) on Friday. Kingfisher has a 1-year low of GBX 198.30 ($2.57) and a 1-year high of GBX 274 ($3.55). The firm has a fifty day simple moving average of GBX 258.71 and a 200-day simple moving average of GBX 241.69. The company has a current ratio of 1.29, a quick ratio of 0.27 and a debt-to-equity ratio of 37.49. The stock has a market capitalization of £4.96 billion, a price-to-earnings ratio of 1,488.89, a PEG 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.