Kingfisher (LON:KGF) Rating Reiterated by Jefferies Financial Group

Kingfisher (LON:KGF)‘s stock had its “hold” rating reaffirmed by Jefferies Financial Group in a research report issued to clients and investors on Friday, MarketBeat.com reports. They presently have a GBX 250 ($3.20) target price on the home improvement retailer’s stock. Jefferies Financial Group’s price target would suggest a potential downside of 8.46% from the company’s current price.

A number of other equities analysts also recently commented on the company. HSBC upgraded Kingfisher to a “buy” rating and set a GBX 305 ($3.91) target price for the company in a research note on Thursday, April 11th. Deutsche Bank Aktiengesellschaft upgraded Kingfisher to a “buy” rating and boosted their price objective for the company from GBX 245 ($3.14) to GBX 310 ($3.97) in a research report on Tuesday, July 9th.

Kingfisher Price Performance

Shares of KGF stock opened at GBX 273.10 ($3.50) on Friday. The firm has a fifty day moving average of GBX 258.33 and a two-hundred day moving average of GBX 241.58. The firm has a market cap of £5.05 billion, a P/E ratio of 1,517.22, a P/E/G ratio of 2.82 and a beta of 0.99. Kingfisher has a 1-year low of GBX 198.30 ($2.54) and a 1-year high of GBX 274 ($3.51). The company has a debt-to-equity ratio of 37.49, a current ratio of 1.29 and a quick ratio of 0.27.

Kingfisher Company Profile

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.