Kingfisher plc (LON:KGF) Receives GBX 309.14 Consensus Target Price from Analysts

Shares of Kingfisher plc (LON:KGF) have received an average rating of “Reduce” from the eight brokerages that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 309.14.

A number of analysts recently weighed in on KGF shares. Canaccord Genuity Group upped their target price on shares of Kingfisher from GBX 306 to GBX 331 and gave the company a “hold” rating in a research note on Tuesday, September 23rd. Peel Hunt reiterated an “add” rating and issued a GBX 320 price objective on shares of Kingfisher in a research note on Tuesday, November 25th. Berenberg Bank raised their target price on Kingfisher from GBX 331 to GBX 334 and gave the stock a “hold” rating in a research report on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft boosted their price target on Kingfisher from GBX 280 to GBX 285 and gave the company a “hold” rating in a research note on Tuesday, November 18th. Finally, Citigroup increased their price objective on Kingfisher from GBX 300 to GBX 311 and gave the stock a “neutral” rating in a research note on Wednesday, November 26th.

Kingfisher Trading Up 0.6%

Shares of KGF stock opened at GBX 323.20 on Friday. The firm has a fifty day moving average of GBX 307.13 and a 200-day moving average of GBX 289.19. The stock has a market cap of £5.53 billion, a price-to-earnings ratio of 30.78, a P/E/G ratio of 2.87 and a beta of 0.96. Kingfisher has a 52-week low of GBX 227.20 and a 52-week high of GBX 323.50. The company has a debt-to-equity ratio of 7.12, a quick ratio of 0.27 and a current ratio of 1.26.

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.