According to Zacks, “KINGFISHER is Europe’s leading home improvement retail group and the third largest in the world, with leading market positions in the UK, France, Poland, Italy, Turkey, China. Kingfisher operates 780 stores in nine countries in Europe and Asia. Its main retail brands are B&Q, Castorama, Brico Dépôt and Screwfix. Kingfisher also has a 21% interest in, and strategic alliance with Hornbach, Germany’s leading DIY warehouse retailer, with over 120 stores across Europe. “
KGFHY has been the subject of a number of other research reports. Societe Generale reaffirmed a sell rating on shares of KINGFISHER PLC/SH in a report on Tuesday, April 9th. HSBC reaffirmed a buy rating on shares of LVMH Moet Hennessy Louis Vuitton in a report on Tuesday, March 26th. Credit Suisse Group reaffirmed a buy rating on shares of LVMH Moet Hennessy Louis Vuitton in a report on Friday, March 22nd. Finally, Morgan Stanley reaffirmed an equal weight rating on shares of KINGFISHER PLC/SH in a report on Monday, April 1st. Four investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company. The company currently has an average rating of Sell and a consensus price target of $7.00.
OTCMKTS KGFHY opened at $5.60 on Wednesday. The firm has a market cap of $6.05 billion, a PE ratio of 8.75, a price-to-earnings-growth ratio of 1.42 and a beta of 1.27. KINGFISHER PLC/SH has a twelve month low of $5.08 and a twelve month high of $8.50. The business has a 50-day simple moving average of $5.38.
About KINGFISHER PLC/SH
Kingfisher plc, together with its subsidiaries, supplies DIY and home improvement products and services primarily in the United Kingdom and continental Europe. The company operates approximately 1,300 stores in 10 countries across Europe under the B&Q, Castorama, Brico Dépôt, Screwfix, and Koctas brands.
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