Howden Joinery Group (LON:HWDN) Given Buy Rating at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Howden Joinery Group (LON:HWDN) in a report issued on Thursday morning,Digital Look reports. Berenberg Bank currently has a GBX 1,075 target price on the stock.

Other equities research analysts have also recently issued reports about the company. JPMorgan Chase & Co. upped their price target on Howden Joinery Group from GBX 900 to GBX 955 and gave the company a “neutral” rating in a research report on Tuesday, June 30th. Jefferies Financial Group restated a “hold” rating and issued a GBX 919 price objective on shares of Howden Joinery Group in a research report on Thursday, June 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 1,210 price objective on shares of Howden Joinery Group in a research note on Wednesday, June 24th. Finally, Royal Bank Of Canada raised shares of Howden Joinery Group to a “sector perform” rating and upped their target price for the stock from GBX 900 to GBX 960 in a report on Wednesday. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of GBX 1,003.17.

Howden Joinery Group Price Performance

Shares of LON HWDN opened at GBX 770.50 on Thursday. 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 has a fifty-two week low of GBX 713 and a fifty-two week high of GBX 981. The stock has a market cap of £4.24 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 1.96 and a beta of 1.30. The stock has a fifty day moving average of GBX 789.63 and a 200-day moving average of GBX 819.13.

Howden Joinery Group (LON:HWDN) last issued its quarterly earnings data on Thursday, July 23rd. The company reported GBX 17.30 earnings per share (EPS) for the quarter. Howden Joinery Group had a return on equity of 23.58% and a net margin of 11.07%. Equities research analysts anticipate that Howden Joinery Group will post 52.8073286 earnings per share for the current year.

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.