Kingfisher’s (KGF) “Sell” Rating Reiterated at UBS Group
UBS Group reiterated their sell rating on shares of Kingfisher (LON:KGF) in a research report sent to investors on Thursday, ThisIsMoney.Co.Uk reports. The firm currently has a GBX 180 ($2.35) price target on the home improvement retailer’s stock, down from their prior price target of GBX 205 ($2.68).
A number of other research firms have also issued reports on KGF. JPMorgan Chase & Co. reduced their target price on shares of Kingfisher from GBX 200 ($2.61) to GBX 190 ($2.48) and set an underweight rating on the stock in a report on Friday, August 16th. Credit Suisse Group restated a neutral rating and issued a GBX 220 ($2.87) target price on shares of Kingfisher in a report on Monday, September 2nd. Five 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. Kingfisher has an average rating of Hold and a consensus price target of GBX 223.57 ($2.92).
LON:KGF opened at GBX 202 ($2.64) on Thursday. The firm has a market cap of $4.26 billion and a price-to-earnings ratio of 19.80. The company has a current ratio of 1.28, a quick ratio of 0.22 and a debt-to-equity ratio of 2.67. The company’s 50-day moving average is GBX 202.82 and its two-hundred day moving average is GBX 224.69. Kingfisher has a 12-month low of GBX 186.15 ($2.43) and a 12-month high of GBX 268.20 ($3.50).
Kingfisher Company Profile
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.
Featured Story: Why do commodities matter?
Receive News & Ratings for Kingfisher Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kingfisher and related companies with MarketBeat.com's FREE daily email newsletter.