Kingfisher plc (KGFHY) Rating Increased to Hold at Zacks Investment Research
Kingfisher plc (NASDAQ:KGFHY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Wednesday.
According to Zacks, “KINGFISHER is Europe’s leading home improvement retail group and the third largest in the world, with leading market positions in the UK, France, Poland, Italy, Turkey, China. Kingfisher operates 780 stores in nine countries in Europe and Asia. Its main retail brands are B&Q, Castorama, Brico Dépôt and Screwfix. Kingfisher also has a 21% interest in, and strategic alliance with Hornbach, Germany’s leading DIY warehouse retailer, with over 120 stores across Europe. “
Shares of Kingfisher plc (NASDAQ:KGFHY) traded up 1.960% during mid-day trading on Wednesday, hitting $8.584. The stock had a trading volume of 31,160 shares. Kingfisher plc has a 52-week low of $7.82 and a 52-week high of $11.02. The firm has a market cap of $9.75 billion and a PE ratio of 19.247. The stock’s 50-day moving average price is $8.72 and its 200-day moving average price is $9.13.
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Kingfisher plc Company Profile
Kingfisher plc is a home improvement company. The Company is engaged in the supply of home improvement products and services through a network of retail stores and other channels, located mainly in the United Kingdom and continental Europe. The Company’s segments include France, UK & Ireland, and Other International.
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