Brokerages Set Kingfisher plc (LON:KGF) PT at GBX 306.62

Kingfisher plc (LON:KGF) has received a consensus rating of “Hold” from the seven brokerages that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 306.71.

Several research firms recently commented on KGF. Berenberg Bank boosted their price objective on shares of Kingfisher from GBX 295 to GBX 320 and gave the company a “hold” rating in a research report on Wednesday. Jefferies Financial Group reissued a “hold” rating and issued a GBX 291 price target on shares of Kingfisher in a research note on Monday, July 27th. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 350 price target on shares of Kingfisher in a report on Friday, July 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 260 price objective on shares of Kingfisher in a research report on Wednesday, May 27th.

Kingfisher Stock Performance

Shares of KGF stock opened at GBX 345.34 on Wednesday. The company has a debt-to-equity ratio of 38.02, a quick ratio of 0.27 and a current ratio of 1.21. The company has a market capitalization of £5.59 billion, a P/E ratio of 25.02, a price-to-earnings-growth ratio of 2.87 and a beta of 1.13. The company’s 50 day moving average price is GBX 309.17 and its two-hundred day moving average price is GBX 296.93. Kingfisher has a 52 week low of GBX 266.40 and a 52 week high of GBX 372.30.

Kingfisher (LON:KGF) last released its quarterly earnings results on Tuesday, September 22nd. The home improvement retailer reported GBX 17.80 earnings per share for the quarter. Kingfisher had a net margin of 1.89% and a return on equity of 3.91%. On average, analysts expect that Kingfisher will post 23.6949924 earnings per share for the current fiscal year.

Kingfisher announced that its board has approved a stock buyback plan on Tuesday, September 22nd that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the home improvement retailer to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

Kingfisher News Summary

Here are the key news stories impacting Kingfisher this week:

• Positive Sentiment: Higher profit guidance: Kingfisher raised its annual outlook after first-half adjusted pre-tax profit climbed 9.9% to £404 million. The upgrade was the primary catalyst for the stock’s advance. Kingfisher raises annual profit outlook after strong first half
• Positive Sentiment: Screwfix strength: Strong performance at Screwfix helped offset weaker trading at B&Q, supporting the group’s earnings growth and providing evidence that Kingfisher’s trade-focused and digital businesses remain resilient. Kingfisher Shares Surge: Raises Profit Guidance as Screwfix Offsets Weak B&Q
• Positive Sentiment: Share buyback support: Kingfisher is expected to begin the third tranche of a £50 million buyback this week. Repurchases can support earnings per share and signal that management believes the shares are attractively valued. Kingfisher H1 Profit Climbs, Lifts FY27 Outlook
• Neutral Sentiment: Reported quarterly EPS was GBX 17.80, while net margin remained relatively low at 1.89% and return on equity was 3.91%. These figures underline that profitability is improving but remains modest. Kingfisher quarterly earnings results
• Negative Sentiment: Weakness at B&Q remains a risk, and the stock’s valuation—approximately 24 times earnings following its advance—leaves less room for disappointment if consumer demand or margins weaken.

About Kingfisher

Kingfisher plc is an international home improvement company with over 1,800 stores, supported by a team of more than 70,000 colleagues. We operate in seven countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.