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

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

Several other equities analysts have also recently commented on KGF. Deutsche Bank Aktiengesellschaft raised Kingfisher to a “buy” rating and upped their price target for the company from GBX 245 ($3.14) to GBX 310 ($3.97) in a report on Tuesday. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 250 ($3.20) price target on shares of Kingfisher in a report on Friday. Finally, HSBC raised Kingfisher to a “buy” rating and set a GBX 305 ($3.91) price target for the company in a report on Thursday, April 11th.

Kingfisher Stock Performance

Kingfisher stock traded up GBX 2.60 ($0.03) during trading hours on Friday, hitting GBX 272 ($3.48). The stock had a trading volume of 6,632,536 shares, compared to its average volume of 6,070,252. The company has a 50-day moving average of GBX 257.84 and a two-hundred day moving average of GBX 241.43. The company has a quick ratio of 0.27, a current ratio of 1.29 and a debt-to-equity ratio of 37.49. The company has a market cap of £5.03 billion, a PE ratio of 1,511.11, a price-to-earnings-growth ratio of 2.82 and a beta of 0.99. Kingfisher has a fifty-two week low of GBX 198.30 ($2.54) and a fifty-two week high of GBX 274 ($3.51).

About Kingfisher

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.