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Barclays Downgrades Kingfisher (OTCMKTS:KGFHY) to Underweight

Kingfisher logo with Retail/Wholesale background

Kingfisher (OTCMKTS:KGFHY - Get Free Report) was downgraded by investment analysts at Barclays from an "equal weight" rating to an "underweight" rating in a report released on Tuesday, MarketBeat Ratings reports.

Other analysts also recently issued reports about the company. Citigroup restated a "neutral" rating on shares of Kingfisher in a research report on Wednesday, March 26th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Kingfisher in a research note on Wednesday, March 26th.

Read Our Latest Research Report on Kingfisher

Kingfisher Stock Performance

Shares of OTCMKTS:KGFHY opened at $8.31 on Tuesday. The business's fifty day moving average price is $7.23 and its two-hundred day moving average price is $6.68. The company has a current ratio of 1.26, a quick ratio of 0.30 and a debt-to-equity ratio of 0.01. Kingfisher has a one year low of $5.47 and a one year high of $8.80.

Kingfisher Company Profile

(Get Free Report)

Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. It also operates retail stores under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas brands. The company sells its products through stores and e-commerce channels.

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