Kingfisher (LON:KGF) Reaches New 12-Month High at $278.50

Kingfisher plc (LON:KGF) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 278.50 ($3.60) and last traded at GBX 277.43 ($3.59), with a volume of 78619773 shares. The stock had previously closed at GBX 274.20 ($3.55).

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on KGF. Deutsche Bank Aktiengesellschaft raised shares of Kingfisher to a “buy” rating and upped their target price for the stock from GBX 245 ($3.17) to GBX 310 ($4.01) in a research report on Tuesday, July 9th. Jefferies Financial Group restated a “hold” rating and issued a GBX 250 ($3.23) price objective on shares of Kingfisher in a report on Friday, July 12th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Kingfisher in a report on Friday, July 12th. Finally, HSBC upgraded Kingfisher to a “buy” rating and set a GBX 305 ($3.94) price target on the stock in a research note on Thursday, April 11th.

Kingfisher Stock Up 0.1 %

The company has a market capitalization of £5.13 billion, a PE ratio of 1,541.67, a P/E/G ratio of 2.82 and a beta of 0.99. The company has a debt-to-equity ratio of 37.49, a quick ratio of 0.27 and a current ratio of 1.29. The company’s 50-day moving average is GBX 260.47 and its 200 day moving average is GBX 243.31.

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.