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

Kingfisher PLC (OTCMKTS:KGFHY) has received an average recommendation of “Reduce” from the six ratings firms that are covering the company, Marketbeat reports. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company.

Several equities analysts have recently commented on KGFHY shares. Barclays restated an “underweight” rating on shares of Kingfisher in a research report on Tuesday, December 9th. Deutsche Bank Aktiengesellschaft downgraded Kingfisher from a “hold” rating to a “sell” rating in a research note on Wednesday, December 10th. Royal Bank Of Canada upgraded shares of Kingfisher from a “hold” rating to a “moderate buy” rating in a research report on Friday, October 24th. Finally, UBS Group reissued a “neutral” rating on shares of Kingfisher in a report on Wednesday, December 10th.

Kingfisher Stock Performance

KGFHY opened at $8.54 on Thursday. The firm’s fifty day moving average is $8.21 and its 200 day moving average is $7.77. Kingfisher has a fifty-two week low of $5.73 and a fifty-two week high of $8.86.

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.