Kingfisher plc (LON:KGF - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 267.92 ($3.55) and traded as high as GBX 277.50 ($3.68). Kingfisher shares last traded at GBX 274.20 ($3.64), with a volume of 4,030,275 shares trading hands.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on KGF. JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of Kingfisher in a report on Wednesday. Berenberg Bank reduced their price target on shares of Kingfisher from GBX 312 ($4.14) to GBX 306 ($4.06) and set a "hold" rating for the company in a research report on Tuesday. Finally, Barclays downgraded Kingfisher to an "underweight" rating and lifted their price objective for the stock from GBX 275 ($3.65) to GBX 280 ($3.71) in a research report on Tuesday, May 20th.
View Our Latest Research Report on Kingfisher
Kingfisher Trading Down 2.6%
The company has a current ratio of 1.26, a quick ratio of 0.27 and a debt-to-equity ratio of 7.12. The company has a market cap of £4.72 billion, a PE ratio of 14.24, a P/E/G ratio of 2.87 and a beta of 0.96. The business's 50-day simple moving average is GBX 281.28 and its 200-day simple moving average is GBX 267.96.
Insider Buying and Selling
In other news, insider Bill Lennie bought 50,000 shares of the company's stock in a transaction that occurred on Friday, May 30th. The shares were purchased at an average price of GBX 277 ($3.67) per share, for a total transaction of £138,500 ($183,638.29). 0.73% of the stock is owned by company insiders.
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.
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