Kingfisher (LON:KGF) Rating Reiterated by JPMorgan Chase & Co.

Kingfisher (LON:KGF)‘s stock had its “underweight” rating reiterated by analysts at JPMorgan Chase & Co. in a report issued on Friday, Digital Look reports.

KGF has been the topic of several other research reports. Jefferies Financial Group restated a “hold” rating and issued a GBX 250 ($3.20) price target on shares of Kingfisher in a research report on Friday. HSBC upgraded shares of Kingfisher to a “buy” rating and set a GBX 305 ($3.91) price objective on the stock in a research report on Thursday, April 11th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of 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.

Kingfisher Price Performance

KGF traded up GBX 2.60 ($0.03) during trading hours on Friday, hitting GBX 272 ($3.48). The company’s stock had a trading volume of 6,632,536 shares, compared to its average volume of 6,070,252. The business’s 50-day moving average price is GBX 257.84 and its 200-day moving average price is GBX 241.43. Kingfisher has a 12 month low of GBX 198.30 ($2.54) and a 12 month high of GBX 274 ($3.51). The stock has a market cap of £5.03 billion, a price-to-earnings ratio of 1,511.11, a P/E/G ratio of 2.82 and a beta of 0.99. The company has a current ratio of 1.29, a quick ratio of 0.27 and a debt-to-equity ratio of 37.49.

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.