KINGFISHER PLC/SH (OTCMKTS:KGFHY) Raised to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of KINGFISHER PLC/SH (OTCMKTS:KGFHY) from a sell rating to a hold rating in a research note issued to investors on Tuesday, September 11th.

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 report on Monday, June 11th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of $11.00.

Shares of KINGFISHER PLC/SH stock traded down $0.11 during trading on Tuesday, hitting $6.59. The stock had a trading volume of 236,941 shares, compared to its average volume of 230,087. The firm has a market capitalization of $7.33 billion, a PE ratio of 9.98, a price-to-earnings-growth ratio of 1.42 and a beta of 0.91. The company has a current ratio of 1.15, a quick ratio of 0.27 and a debt-to-equity ratio of 0.01. KINGFISHER PLC/SH has a 12 month low of $6.42 and a 12 month high of $10.41.

The business also recently declared a Semi-Annual dividend, which will be paid on Wednesday, November 14th. Investors of record on Friday, October 5th will be paid a $0.075 dividend. The ex-dividend date of this dividend is Thursday, October 4th. KINGFISHER PLC/SH’s dividend payout ratio is presently 54.55%.


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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