Analysts Set Kingfisher plc (LON:KGF) PT at GBX 309.14

Shares of Kingfisher plc (LON:KGF) have been given a consensus rating of “Reduce” by the eight analysts that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is GBX 309.14.

KGF has been the topic of a number of analyst reports. Berenberg Bank lifted their price target on Kingfisher from GBX 331 to GBX 334 and gave the stock a “hold” rating in a research note on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Kingfisher from GBX 280 to GBX 285 and gave the stock a “hold” rating in a report on Tuesday, November 18th. Citigroup lifted their target price on shares of Kingfisher from GBX 300 to GBX 311 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th. Jefferies Financial Group upped their price target on shares of Kingfisher from GBX 294 to GBX 303 and gave the company a “hold” rating in a research report on Wednesday, November 26th. Finally, Peel Hunt reaffirmed an “add” rating and issued a GBX 320 price objective on shares of Kingfisher in a research note on Tuesday, November 25th.

Insider Activity at Kingfisher

In other Kingfisher news, insider Lucinda Riches purchased 15,000 shares of the stock in a transaction dated Monday, January 12th. The shares were acquired at an average price of GBX 323 per share, for a total transaction of £48,450. 0.37% of the stock is currently owned by company insiders.

Kingfisher Stock Performance

Shares of LON KGF opened at GBX 369.36 on Friday. The stock’s fifty day simple moving average is GBX 334.14 and its 200 day simple moving average is GBX 305.41. The stock has a market capitalization of £6.27 billion, a price-to-earnings ratio of 35.18, a PEG ratio of 2.87 and a beta of 0.96. The company has a quick ratio of 0.27, a current ratio of 1.26 and a debt-to-equity ratio of 7.12. Kingfisher has a 52-week low of GBX 238.10 and a 52-week high of GBX 372.30.

About Kingfisher

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.