UBS Group reiterated their sell rating on shares of Kingfisher (LON:KGF) in a research note released on Thursday, investing.thisismoney.co.uk reports.

Several other research firms have also issued reports on KGF. HSBC lowered Kingfisher to a hold rating in a research note on Thursday, January 10th. JPMorgan Chase & Co. dropped their price objective on Kingfisher from GBX 240 ($3.14) to GBX 220 ($2.87) and set an underweight rating for the company in a research note on Friday, November 23rd. Royal Bank of Canada lowered Kingfisher to an underperform rating and dropped their price objective for the company from GBX 240 ($3.14) to GBX 200 ($2.61) in a research note on Monday, January 21st. Credit Suisse Group dropped their price objective on Kingfisher from GBX 315 ($4.12) to GBX 280 ($3.66) and set an outperform rating for the company in a research note on Tuesday, February 19th. Finally, Goldman Sachs Group lowered Kingfisher to a neutral rating and dropped their price objective for the company from GBX 270 ($3.53) to GBX 260 ($3.40) in a research note on Tuesday, February 5th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. Kingfisher presently has an average rating of Hold and a consensus target price of GBX 256.25 ($3.35).

Shares of LON KGF opened at GBX 228.60 ($2.99) on Thursday. The firm has a market capitalization of $4.80 billion and a PE ratio of 12.49. Kingfisher has a fifty-two week low of GBX 202.70 ($2.65) and a fifty-two week high of GBX 350 ($4.57). The company has a debt-to-equity ratio of 1.30, a current ratio of 1.19 and a quick ratio of 0.24.

The company also recently declared a dividend, which will be paid on Monday, July 15th. Shareholders of record on Thursday, June 6th will be paid a dividend of GBX 7.49 ($0.10) per share. The ex-dividend date is Thursday, June 6th. This represents a yield of 3.26%. This is a positive change from Kingfisher’s previous dividend of $3.33. Kingfisher’s payout ratio is 0.60%.

In other news, insider Sophie Gasperment purchased 10,000 shares of the company’s stock in a transaction on Thursday, March 21st. The stock was purchased at an average price of GBX 227 ($2.97) per share, with a total value of £22,700 ($29,661.57). In the last ninety days, insiders have acquired 10,194 shares of company stock valued at $2,315,158.

About Kingfisher

Kingfisher plc, together with its subsidiaries, supplies DIY and home improvement products and services primarily in the United Kingdom and continental Europe. The company operates approximately 1,300 stores in 10 countries across Europe under the B&Q, Castorama, Brico Dépôt, Screwfix, and Koctas brands.

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Analyst Recommendations for Kingfisher (LON:KGF)

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