Kingfisher (LON: KGF) PT GBX at Deutsche Financial institution Actiengesellschaft as little as 270


Kingfisher (LON: KGF – Get Ranking) Its worth goal was dropped from GBX 305 ($3.69) to GBX 270 ($3.26) by Deutsche Financial institution Actiengesellschaft in a analysis report launched to prospects and buyers on Wednesday, reviews MarketBeat. The brokerage at the moment has a “Purchase” score on the house enchancment retailer’s inventory. Deutsche Financial institution Activisionsellschaft’s goal worth suggests a possible improve of 17.29% over the present worth of the corporate.

KGF has been the topic of a number of different reviews. JPMorgan Chase & Co., in a report on Wednesday, July 6, confirmed an “underweight” score on Kingfisher shares and issued a GBX 245 ($2.96) worth goal. Morgan Stanley confirmed the “equal weight” score on shares of Kingfisher in a report on Wednesday, Might 11. Royal Financial institution of Canada lowered its worth goal on Kingfisher from GBX 370 ($4.47) to GBX 350 ($4.23) and set an “outperform” score on the inventory in a analysis report on Monday, Might 30. Lastly, Berenberg Financial institution reiterated the “maintain” score and issued a GBX 295 ($3.56) worth goal on shares of Kingfisher in a analysis report on Tuesday, June 7. One analyst has rated the inventory with promote score, two have given maintain score and two have issued purchase score to the corporate’s inventory. Primarily based on knowledge from MarketBeat.com, the inventory at the moment has a consensus score of “Maintain” and a consensus worth goal of GBX 290 ($3.50).

Kingfisher Inventory Efficiency

Shares of Kingfisher fell GBX 2.50 ($0.03) to GBX 230.20 ($2.78) throughout buying and selling hours on Wednesday. The corporate had a buying and selling quantity of two,681,547 shares as in comparison with a mean quantity of 8,199,317. One-year low of Kingfisher is GBX 228.70 ($2.76) and one-year excessive is GBX 375.20 ($4.53). The commerce has a fifty day easy shifting common of GBX 248 and a 200 day easy shifting common of GBX 259.82. The corporate has a debt-to-equity ratio of 35.29, a present ratio of 1.27 and a fast ratio of 0.35. The agency has a market cap of £4.57 billion and a PE ratio of 576.50.

Insider shopping for and promoting

In different information, insider Katherine Bradley purchased 10,000 shares of the inventory in a transaction on Tuesday, June 7. Shares had been acquired at a mean worth of GBX 262 ($3.17) per share for a complete transaction of £26,200 ($31,657.81).

About Kingfisher

(get score)

Kingfisher plc, together with its subsidiaries, provides house enchancment services and products primarily to the UK, Eire, France and internationally. The corporate additionally gives property funding, finance, digital, sourcing and franchising and IT companies. It operates roughly 1,470 shops in eight international locations throughout Europe underneath the manufacturers B&Q, Castorama, Brico Dépôt, Screenfix, TradePoint, and Koctas.

Additional studying

Analyst Recommendations for Kingfisher (LON: KGF)

This immediate information alert was generated by narrative science expertise and monetary knowledge from MarketBeat to offer readers with the quickest and most correct reporting. This story was reviewed by Marketbeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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