Kingfisher PLC (OTCMKTS:KGFHY) Given Average Recommendation of “Reduce” by Brokerages

Kingfisher PLC (OTCMKTS:KGFHY) has been given a consensus recommendation of “Reduce” by the six ratings firms that are currently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and one has given a buy recommendation to the company.

A number of research firms have commented on KGFHY. Barclays reissued an “underweight” rating on shares of Kingfisher in a research note on Tuesday, December 9th. Deutsche Bank Aktiengesellschaft downgraded shares of Kingfisher from a “hold” rating to a “sell” rating in a report on Wednesday, December 10th. Finally, UBS Group reissued a “neutral” rating on shares of Kingfisher in a research note on Wednesday, December 10th.

Kingfisher Stock Performance

Shares of OTCMKTS KGFHY opened at $9.33 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.28 and a quick ratio of 0.33. The business has a 50-day moving average of $9.10 and a 200-day moving average of $8.23. Kingfisher has a 12 month low of $6.05 and a 12 month high of $10.17.

Kingfisher Company Profile

Kingfisher plc (OTCMKTS: KGFHY) is a leading international home improvement retailer headquartered in London, United Kingdom. The company operates a network of stores and digital platforms offering a comprehensive range of do-it-yourself (DIY) and home improvement products. Kingfisher’s business model focuses on delivering value to both retail customers and trade professionals through an integrated omni-channel approach.

The group’s retail banners include B&Q and Screwfix in the UK and Ireland, Castorama and Brico Dépôt in France and Poland, and Koçtaş in Turkey.