Kingfisher PLC (OTCMKTS:KGFHY) Receives Consensus Recommendation of “Reduce” from Analysts

Kingfisher PLC (OTCMKTS:KGFHY) has been assigned an average recommendation of “Reduce” from the six research firms that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating on the company.

A number of equities analysts have weighed in on the company. UBS Group restated a “neutral” rating on shares of Kingfisher in a research note on Wednesday, December 10th. Barclays restated an “underweight” rating on shares of Kingfisher in a research report on Tuesday, December 9th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Kingfisher from a “hold” rating to a “sell” rating in a research report on Wednesday, December 10th.

Kingfisher Trading Up 0.8%

Shares of KGFHY stock opened at $10.16 on Friday. Kingfisher has a 52-week low of $6.05 and a 52-week high of $10.17. The business’s fifty day moving average is $9.05 and its 200 day moving average is $8.20. The company has a current ratio of 1.28, a quick ratio of 0.33 and a debt-to-equity ratio of 0.02.

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.