Kingfisher plc (LON:KGF - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 262.35 ($3.60) and traded as high as GBX 277.80 ($3.81). Kingfisher shares last traded at GBX 277.20 ($3.80), with a volume of 4,687,322 shares trading hands.
Analysts Set New Price Targets
Separately, Barclays lowered shares of Kingfisher to an "underweight" rating and lifted their price target for the company from GBX 275 ($3.77) to GBX 280 ($3.84) in a report on Tuesday, May 20th.
Check Out Our Latest Stock Analysis on KGF
Kingfisher Stock Performance
The company has a market cap of £5.10 billion, a price-to-earnings ratio of 15.38, a price-to-earnings-growth ratio of 2.87 and a beta of 0.96. The stock's fifty day simple moving average is GBX 286.32 and its two-hundred day simple moving average is GBX 262.81. The company has a debt-to-equity ratio of 7.12, a quick ratio of 0.27 and a current ratio of 1.26.
Insider Activity at Kingfisher
In other Kingfisher news, insider Bill Lennie bought 50,000 shares of Kingfisher stock in a transaction that occurred on Friday, May 30th. The shares were acquired at an average price of GBX 277 ($3.80) per share, for a total transaction of £138,500 ($190,012.35). Company insiders own 0.73% of the company's stock.
Kingfisher Company Profile
(
Get Free Report)
Kingfisher plc is an international home improvement company with over 1,900 stores, supported by a team of c. 76,000 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.
Further Reading
Before you consider Kingfisher, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kingfisher wasn't on the list.
While Kingfisher currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
