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 brokerages that are currently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company.

KGFHY has been the subject of several research analyst reports. Royal Bank Of Canada upgraded Kingfisher from a “hold” rating to a “moderate buy” rating in a research report on Friday, October 24th. UBS Group reaffirmed a “neutral” rating on shares of Kingfisher in a research note on Wednesday, December 10th. Barclays reiterated an “underweight” rating on shares of Kingfisher in a report on Tuesday, December 9th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Kingfisher from a “hold” rating to a “sell” rating in a research note on Wednesday, December 10th.

Kingfisher Price Performance

Shares of KGFHY stock opened at $9.48 on Monday. The stock has a 50 day moving average price of $8.56 and a 200 day moving average price of $7.93. Kingfisher has a 52-week low of $6.01 and a 52-week high of $9.66. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.28 and a quick ratio of 0.33.

About Kingfisher

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.