Kingfisher (LON:KGF) Earns Hold Rating from Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reaffirmed their hold rating on shares of Kingfisher (LON:KGF – Get Rating) in a research report report published on Thursday morning, MarketBeat Ratings reports. They currently have a GBX 260 ($3.23) target price on the home improvement retailer’s stock.

A number of other research firms have also commented on KGF. Jefferies Financial Group reaffirmed a buy rating and set a GBX 330 ($4.10) target price on shares of Kingfisher in a report on Wednesday, March 22nd. JPMorgan Chase & Co. reaffirmed an underweight rating and set a GBX 230 ($2.86) target price on shares of Kingfisher in a report on Monday, March 27th. Finally, Numis Securities reaffirmed a sell rating and set a GBX 165 ($2.05) target price on shares of Kingfisher in a report on Monday, February 20th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of Hold and an average price target of GBX 271.67 ($3.38).

Kingfisher Price Performance

KGF opened at GBX 229.30 ($2.85) on Thursday. The company has a fifty day moving average price of GBX 253.95 and a two-hundred day moving average price of GBX 256.79. The company has a debt-to-equity ratio of 38.45, a quick ratio of 0.27 and a current ratio of 1.30. Kingfisher has a 52 week low of GBX 198.60 ($2.47) and a 52 week high of GBX 296.24 ($3.68). The firm has a market capitalization of £4.45 billion, a PE ratio of 1,013.04, a P/E/G ratio of 17.87 and a beta of 1.00.

Kingfisher Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, July 3rd. Stockholders of record on Thursday, May 25th will be issued a GBX 8.60 ($0.11) dividend. This is a positive change from Kingfisher’s previous dividend of $3.80. The ex-dividend date of this dividend is Thursday, May 25th. This represents a dividend yield of 3.15%. Kingfisher’s payout ratio is 5,217.39%.

Kingfisher Company Profile

(Get Rating)

Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. The company also offers property investment, finance, digital, sourcing and franchising, and IT services. It operates approximately 1,470 stores in eight countries across Europe under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koctas brands.