Analysts Set Howden Joinery Group Plc (LON:HWDN) Target Price at GBX 993.17

Howden Joinery Group Plc (LON:HWDN) has earned a consensus rating of “Hold” from the six analysts that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 993.17.

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

Howden Joinery Group Trading Down 1.4%

LON HWDN opened at GBX 772 on Friday. The stock has a market capitalization of £4.25 billion, a P/E ratio of 15.76, a P/E/G ratio of 1.96 and a beta of 1.30. The business has a 50 day simple moving average of GBX 787.92 and a 200 day simple moving average of GBX 820.03. The company has a debt-to-equity ratio of 59.19, a current ratio of 2.10 and a quick ratio of 0.94. Howden Joinery Group has a one year low of GBX 713 and a one year high of GBX 981.

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.