Deutsche Bank Aktiengesellschaft Upgrades Kingfisher (LON:KGF) to Buy

Kingfisher (LON:KGFGet Free Report) was upgraded by stock analysts at Deutsche Bank Aktiengesellschaft to a “buy” rating in a note issued to investors on Tuesday, Marketbeat reports. The firm currently has a GBX 310 ($3.97) target price on the home improvement retailer’s stock, up from their prior target price of GBX 245 ($3.14). Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 18.05% from the company’s previous close.

Separately, HSBC upgraded Kingfisher to a “buy” rating and set a GBX 305 ($3.91) price target for the company in a report on Thursday, April 11th.

Read Our Latest Research Report on KGF

Kingfisher Stock Up 2.1 %

KGF opened at GBX 262.60 ($3.36) on Tuesday. The business has a 50 day moving average price of GBX 257.33 and a 200 day moving average price of GBX 241.23. Kingfisher has a twelve month low of GBX 198.30 ($2.54) and a twelve month high of GBX 274 ($3.51). 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 firm has a market cap of £4.86 billion, a P/E ratio of 1,458.89, a price-to-earnings-growth ratio of 2.82 and a beta of 0.99.

About Kingfisher

(Get Free Report)

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.

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