KINGFISHER PLC/SH (OTCMKTS:KGFHY) Upgraded to “Hold” at Zacks Investment Research

KINGFISHER PLC/SH (OTCMKTS:KGFHY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday, 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 raised shares of KINGFISHER PLC/SH from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $7.00.

Shares of KGFHY opened at $5.30 on Wednesday. The company’s fifty day moving average is $5.43 and its 200-day moving average is $5.25. KINGFISHER PLC/SH has a 12 month low of $4.57 and a 12 month high of $6.99. The firm has a market cap of $5.70 billion, a price-to-earnings ratio of 8.28, a price-to-earnings-growth ratio of 1.55 and a beta of 1.34.


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.

Recommended Story: Why is cost of goods sold important?

Get a free copy of the Zacks research report on KINGFISHER PLC/SH (KGFHY)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for KINGFISHER PLC/SH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KINGFISHER PLC/SH and related companies with's FREE daily email newsletter.