Kingfisher plc (KGFHY) Rating Reiterated by JPMorgan Chase & Co.
Kingfisher plc (OTCMKTS:KGFHY)‘s stock had its “underweight” rating reissued by JPMorgan Chase & Co. in a research report issued on Tuesday, Marketbeat reports.
A number of other research analysts also recently commented on KGFHY. Nomura reaffirmed a “neutral” rating on shares of Kingfisher plc in a report on Thursday, October 15th. Zacks Investment Research raised Kingfisher plc from a “sell” rating to a “hold” rating in a report on Thursday, October 22nd. Finally, Davy Research reissued an “underperform” rating on shares of Kingfisher plc in a report on Thursday, November 12th. Eight equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold”.
Shares of Kingfisher plc (OTCMKTS:KGFHY) opened at 9.23 on Tuesday. The stock has a market capitalization of $10.74 billion and a P/E ratio of 12.64. Kingfisher plc has a 52-week low of $9.08 and a 52-week high of $11.98. The firm’s 50-day moving average price is $9.71 and its 200-day moving average price is $10.71.
Kingfisher plc is engaged in the sale of home improvement products and services. The Company operates over 1,200 stores in 11 countries across Europe and China. The Company’s segments include UK & Ireland, France and Other International. The Other International segment consists of the operations in Poland, China, Germany, Portugal, Romania, Russia and Spain, and of its joint venture with Koc Group, Koctas, a Turkey-based home improvement retailer. Its main retail brands are B&Q, Castorama, Brico Depot and Screwfix. B&Q is a do it yourself and garden center retailer operating in the United Kingdom, Ireland and China. Castorama’s stores provide home and garden products in France, Poland and Russia. Brico Depot is an operator of stores aimed at DIYers and professional builders in France, Spain, Romania and Portugal. Screwfix is a direct and online supplier of trade tools, accessories and hardware products across the United Kingdom, Ireland and Germany.
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