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

Shares of Howden Joinery Group Plc (LON:HWDN) have been assigned a consensus rating of “Hold” from the six brokerages that are covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 984.

Several research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,210 target price on shares of Howden Joinery Group in a research note on Wednesday. Jefferies Financial Group restated a “hold” rating and issued a GBX 919 price objective on shares of Howden Joinery Group in a research note on Thursday, June 4th. Finally, Berenberg Bank raised their target price 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.

Howden Joinery Group Price Performance

Shares of Howden Joinery Group stock traded up GBX 27.50 on Wednesday, hitting GBX 826.50. The company had a trading volume of 762,636 shares, compared to its average volume of 11,250,256. The company has a debt-to-equity ratio of 59.19, a current ratio of 2.10 and a quick ratio of 0.94. The business has a 50-day simple moving average of GBX 787.03 and a 200-day simple moving average of GBX 822.02. Howden Joinery Group has a 52 week low of GBX 713 and a 52 week high of GBX 981. The company has a market cap of £4.46 billion, a PE ratio of 16.87, a PEG ratio of 1.96 and a beta of 1.30.

Howden Joinery Group Company Profile

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.