Kingfisher plc (LON:KGF) Receives GBX 309.14 Average PT from Analysts

Kingfisher plc (LON:KGF) has been given an average recommendation of “Reduce” by the eight brokerages that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 309.14.

A number of analysts have issued reports on the company. Jefferies Financial Group raised their price target on Kingfisher from GBX 294 to GBX 303 and gave the stock a “hold” rating in a research note on Wednesday, November 26th. Peel Hunt reissued an “add” rating and issued a GBX 320 target price on shares of Kingfisher in a research report on Tuesday, November 25th. Berenberg Bank boosted their target price on shares of Kingfisher from GBX 331 to GBX 334 and gave the company a “hold” rating in a report on Tuesday, November 25th. Citigroup increased their price target on shares of Kingfisher from GBX 300 to GBX 311 and gave the stock a “neutral” rating in a research note on Wednesday, November 26th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Kingfisher from GBX 280 to GBX 285 and gave the company a “hold” rating in a report on Tuesday, November 18th.

Kingfisher Price Performance

KGF stock opened at GBX 367.70 on Friday. The stock has a market capitalization of £6.24 billion, a price-to-earnings ratio of 35.02, a price-to-earnings-growth ratio of 2.87 and a beta of 0.96. The company has a quick ratio of 0.27, a current ratio of 1.26 and a debt-to-equity ratio of 7.12. Kingfisher has a 52-week low of GBX 238.10 and a 52-week high of GBX 370.60. The stock’s fifty day simple moving average is GBX 331.83 and its 200-day simple moving average is GBX 304.33.

Insider Transactions at Kingfisher

In other news, insider Lucinda Riches purchased 15,000 shares of the stock in a transaction on Monday, January 12th. The stock was purchased at an average price of GBX 323 per share, with a total value of £48,450. Company insiders own 0.37% of the company’s stock.

Kingfisher Company Profile

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