Kingfisher plc (LON:KGF - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 275.62 ($3.59) and traded as high as GBX 302.40 ($3.94). Kingfisher shares last traded at GBX 292.60 ($3.81), with a volume of 5,094,442 shares.
Analyst Ratings Changes
Several equities research analysts have commented on KGF shares. JPMorgan Chase & Co. reiterated an "underweight" rating on shares of Kingfisher in a research note on Friday, July 12th. Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 250 ($3.25) target price on shares of Kingfisher in a report on Friday, July 12th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Kingfisher from GBX 310 ($4.04) to GBX 350 ($4.56) and gave the stock a "buy" rating in a report on Wednesday, September 18th.
Read Our Latest Research Report on Kingfisher
Kingfisher Stock Performance
The firm has a market cap of £5.28 billion, a PE ratio of 1,618.89, a price-to-earnings-growth ratio of 2.87 and a beta of 0.96. The company has a 50 day simple moving average of GBX 303.42 and a 200-day simple moving average of GBX 275.62. The company has a debt-to-equity ratio of 37.01, a current ratio of 1.26 and a quick ratio of 0.27.
Kingfisher Cuts Dividend
The company also recently announced a dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 10th will be issued a GBX 3.80 ($0.05) dividend. This represents a dividend yield of 1.31%. The ex-dividend date of this dividend is Thursday, October 10th. Kingfisher's dividend payout ratio is 6,666.67%.
Insiders Place Their Bets
In other news, insider Thierry Garnier sold 382,415 shares of Kingfisher stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of GBX 324 ($4.22), for a total value of £1,239,024.60 ($1,612,893.26). Company insiders own 0.73% of the company's stock.
Kingfisher Company Profile
(
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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