Howden Joinery Group (LON:HWDN) Upgraded to Sector perform at Royal Bank Of Canada

Royal Bank Of Canada upgraded shares of Howden Joinery Group (LON:HWDN) to a sector perform rating in a research note released on Wednesday, MarketBeat reports. They currently have GBX 960 price target on the stock, up from their previous price target of GBX 900.

HWDN has been the subject of a number of other research reports. Berenberg Bank upped 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 report on Wednesday, June 24th. 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. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,210 target price on shares of Howden Joinery Group in a research note on Wednesday, June 24th. Finally, JPMorgan Chase & Co. increased their price target on Howden Joinery Group from GBX 900 to GBX 955 and gave the stock a “neutral” rating in a report on Tuesday, June 30th. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of GBX 1,003.17.

Howden Joinery Group Stock Performance

Shares of Howden Joinery Group stock opened at GBX 775 on Wednesday. The firm has a fifty day moving average of GBX 788.88 and a two-hundred day moving average of GBX 819.63. The stock has a market capitalization of £4.26 billion, a price-to-earnings ratio of 15.82, a PEG ratio of 1.96 and a beta of 1.30. Howden Joinery Group has a 52 week low of GBX 713 and a 52 week high of GBX 981. The company has a debt-to-equity ratio of 59.19, a quick ratio of 0.94 and a current ratio of 2.10.

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.