Deutsche Bank Aktiengesellschaft Upgrades Kingfisher (LON:KGF) to Buy

Kingfisher (LON:KGFGet Free Report) was upgraded by equities research analysts at Deutsche Bank Aktiengesellschaft to a “buy” rating in a research note issued to investors on Tuesday, Marketbeat reports. The firm currently has a GBX 310 ($3.97) price target on the home improvement retailer’s stock, up from their prior price target of GBX 245 ($3.14). Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 18.05% from the stock’s previous close.

Separately, HSBC raised shares of Kingfisher to a “buy” rating and set a GBX 305 ($3.91) price objective on the stock in a report on Thursday, April 11th.

View Our Latest Stock Analysis on Kingfisher

Kingfisher Price Performance

Shares of KGF opened at GBX 262.60 ($3.36) on Tuesday. The firm has a market capitalization of £4.86 billion, a PE ratio of 1,458.89, a price-to-earnings-growth ratio of 2.82 and a beta of 0.99. The company has a debt-to-equity ratio of 37.49, a current ratio of 1.29 and a quick ratio of 0.27. Kingfisher has a 1-year low of GBX 198.30 ($2.54) and a 1-year high of GBX 274 ($3.51). The company’s fifty day moving average price is GBX 257.33 and its 200-day moving average price is GBX 241.23.

About Kingfisher

(Get Free Report)

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.

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