KINGFISHER PLC/SH (OTCMKTS:KGFHY) Cut to Sell at Zacks Investment Research

Zacks Investment Research lowered shares of KINGFISHER PLC/SH (OTCMKTS:KGFHY) from a hold rating to a sell rating in a research note issued to investors on Wednesday morning, reports.

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. “

Separately, ValuEngine upgraded shares of KINGFISHER PLC/SH from a sell rating to a hold rating in a research note on Wednesday, October 2nd. Three research analysts have rated the stock with a sell rating and four have issued a hold rating to the company. KINGFISHER PLC/SH presently has an average rating of Hold and a consensus target price of $7.00.

Shares of KINGFISHER PLC/SH stock opened at $5.33 on Wednesday. The firm has a market cap of $4.96 billion, a PE ratio of 8.32, a price-to-earnings-growth ratio of 1.32 and a beta of 1.31. The firm’s 50-day simple moving average is $4.87 and its 200-day simple moving average is $5.54. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.30 and a current ratio of 1.28. KINGFISHER PLC/SH has a 1 year low of $4.57 and a 1 year high of $6.99.


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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