Kingfisher plc (LON:KGF) Receives Average Rating of "Reduce" from Analysts

Key Points

• Kingfisher plc (LON:KGF) has received an average recommendation of "Reduce" from analysts, with two firms advising to sell and four suggesting a hold on the stock.
• The average 1-year price target for Kingfisher shares is GBX 296.40, indicating a cautious outlook from brokerage firms.
• Despite recent recommendations, Kingfisher reported earnings of GBX 15.30 per share for the last quarter, and analysts expect a total of approximately 23.69 EPS for the current year.

Shares of Kingfisher plc (LON:KGF - Get Free Report) have earned an average recommendation of "Reduce" from the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation and four have given a hold recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is GBX 296.40.

A number of equities analysts have weighed in on KGF shares. JPMorgan Chase & Co. reiterated an "underweight" rating on shares of Kingfisher in a report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft lowered shares of Kingfisher to a "hold" rating and decreased their price target for the company from GBX 320 to GBX 280 in a report on Tuesday, August 26th. Citigroup decreased their price target on shares of Kingfisher from GBX 300 to GBX 285 and set a "neutral" rating on the stock in a report on Wednesday, August 13th. Berenberg Bank decreased their price target on shares of Kingfisher from GBX 312 to GBX 306 and set a "hold" rating on the stock in a report on Tuesday, July 29th. Finally, Canaccord Genuity Group lifted their price target on shares of Kingfisher from GBX 306 to GBX 331 and gave the company a "hold" rating in a report on Tuesday, September 23rd.

Kingfisher Stock Down 0.0%

Shares of LON KGF opened at GBX 302.96 on Friday. Kingfisher has a 1 year low of GBX 227.20 and a 1 year high of GBX 317.60. The firm's 50 day moving average price is GBX 275.84 and its 200 day moving average price is GBX 277.94. The firm has a market cap of £5.26 billion, a P/E ratio of 2,885.35, a price-to-earnings-growth ratio of 2.87 and a beta of 0.96. The company has a debt-to-equity ratio of 7.12, a quick ratio of 0.27 and a current ratio of 1.26.

Kingfisher (LON:KGF - Get Free Report) last announced its earnings results on Tuesday, September 23rd. The home improvement retailer reported GBX 15.30 earnings per share (EPS) for the quarter. Kingfisher had a net margin of 2.68% and a return on equity of 5.23%. As a group, sell-side analysts anticipate that Kingfisher will post 23.6949924 earnings per share for the current year.

About Kingfisher

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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