Kingfisher plc (LON:KGF) Receives GBX 306.88 Average Target Price from Analysts

Shares of Kingfisher plc (LON:KGF) have been given an average recommendation of “Reduce” by the nine analysts that are presently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is GBX 303.75.

Several equities analysts have recently commented on the stock. UBS Group restated a “neutral” rating and issued a GBX 315 price objective on shares of Kingfisher in a report on Wednesday, March 25th. Berenberg Bank dropped their target price on shares of Kingfisher from GBX 333 to GBX 310 and set a “hold” rating for the company in a report on Wednesday, March 25th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Kingfisher from GBX 255 to GBX 260 and gave the company a “sell” rating in a research report on Friday.

Kingfisher Stock Down 0.2%

Shares of LON:KGF opened at GBX 274.40 on Wednesday. The company has a market capitalization of £4.62 billion, a price-to-earnings ratio of 26.13, a PEG ratio of 2.87 and a beta of 1.05. Kingfisher has a 12-month low of GBX 238.10 and a 12-month high of GBX 372.30. The business has a 50-day moving average price of GBX 332.19 and a 200 day moving average price of GBX 312.61. The company has a current ratio of 1.21, a quick ratio of 0.27 and a debt-to-equity ratio of 38.02.

Kingfisher (LON:KGF) last announced its earnings results on Tuesday, March 24th. The home improvement retailer reported GBX 23.80 earnings per share for the quarter. Kingfisher had a net margin of 1.89% and a return on equity of 3.91%. Sell-side analysts expect that Kingfisher will post 23.6949924 EPS for the current year.

Insider Buying and Selling at Kingfisher

In other news, insider Lucinda Riches acquired 15,000 shares of the business’s stock in a transaction that occurred on Monday, January 12th. The shares were purchased at an average price of GBX 323 per share, for a total transaction of £48,450. Insiders own 0.37% of the company’s stock.

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.