Kingfisher (OTCMKTS:KGFHY) Upgraded at UBS Group

UBS Group upgraded shares of Kingfisher (OTCMKTS:KGFHY) from a strong sell rating to a hold rating in a research note issued to investors on Monday morning, Zacks.com reports.

Separately, Citigroup raised shares of Kingfisher to a hold rating in a research note on Wednesday, August 28th.

Kingfisher Stock Performance

Kingfisher stock opened at $8.69 on Monday. The company has a current ratio of 1.26, a quick ratio of 0.30 and a debt-to-equity ratio of 0.01. Kingfisher has a 12-month low of $4.80 and a 12-month high of $8.80. The business’s 50-day moving average price is $7.39 and its two-hundred day moving average price is $6.72.

Kingfisher Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, November 20th. Investors of record on Friday, October 11th will be given a $0.088 dividend. The ex-dividend date is Friday, October 11th.

Kingfisher Company Profile

Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. The company also offers property investment, finance, digital, sourcing, and IT services. It also operates retail stores under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas brands.