Howden Joinery Group Plc (LON:HWDN) Receives Average Recommendation of “Hold” from Brokerages

Shares of Howden Joinery Group Plc (LON:HWDN) have been given an average rating of “Hold” by the six research firms that are covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is GBX 993.17.

Several research analysts have issued reports on the stock. Jefferies Financial Group reiterated a “hold” rating and set a GBX 919 target price on shares of Howden Joinery Group in a report on Thursday, June 4th. JPMorgan Chase & Co. boosted their price target on shares of Howden Joinery Group from GBX 900 to GBX 955 and gave the company a “neutral” rating in a report on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,210 price target on shares of Howden Joinery Group in a research report on Wednesday, June 24th. Finally, Berenberg Bank increased their price objective on shares of Howden Joinery Group from GBX 1,000 to GBX 1,075 and gave the company a “buy” rating in a research note on Wednesday, June 24th.

Howden Joinery Group Stock Performance

Shares of Howden Joinery Group stock opened at GBX 800.50 on Friday. The company has a current ratio of 2.10, a quick ratio of 0.94 and a debt-to-equity ratio of 59.19. The stock’s fifty day moving average price is GBX 786.80 and its 200-day moving average price is GBX 820.93. The firm has a market cap of £4.40 billion, a P/E ratio of 16.34, a P/E/G ratio of 1.96 and a beta of 1.30. Howden Joinery Group has a 12 month low of GBX 713 and a 12 month high of GBX 981.

About Howden Joinery Group

Howden Joinery Group Plc is the parent company of Howdens.

Howdens sells kitchens and joinery products to trade customers, primarily small local builders, through a network of over 850 UK depots. The business also operates over 70 depots across France, the Republic of Ireland, and Belgium.

Howdens only sells to the trade – they have the expertise to ensure that our products are fitted to the highest possible standards. Local Howdens depots build trusted partnerships with trade professionals, helping them to exceed their customers’ expectations and allowing their businesses and ours to profit from doing so.