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

KINGFISHER PLC/SH (OTCMKTS:KGFHY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Tuesday, Zacks.com 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. “

Shares of KINGFISHER PLC/SH stock opened at $4.97 on Tuesday. The business’s fifty day moving average price is $5.01 and its two-hundred day moving average price is $5.77. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.28 and a quick ratio of 0.30. The company has a market capitalization of $5.37 billion, a P/E ratio of 7.77, a PEG ratio of 1.31 and a beta of 1.28. KINGFISHER PLC/SH has a 1-year low of $4.57 and a 1-year high of $7.07.

About KINGFISHER PLC/SH

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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