Howden Joinery Group (LON:HWDN) Given New GBX 847 Price Target at Jefferies Financial Group

Howden Joinery Group (LON:HWDN) had its price objective cut by Jefferies Financial Group from GBX 976 to GBX 847 in a report published on Monday, Marketbeat Ratings reports. They currently have a hold rating on the stock.

A number of other equities research analysts have also recently issued reports on the stock. JPMorgan Chase & Co. increased their target price 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. Berenberg Bank restated a “buy” rating and issued a GBX 1,075 price target on shares of Howden Joinery Group in a research report on Thursday, July 23rd. 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 raised their price objective for the stock from GBX 900 to GBX 960 in a report on Wednesday, July 22nd. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Howden Joinery Group has a consensus rating of “Hold” and a consensus price target of GBX 1,009.40.

Howden Joinery Group Stock Performance

Shares of LON:HWDN opened at GBX 770.50 on Monday. The company has a debt-to-equity ratio of 62.35, a current ratio of 1.93 and a quick ratio of 0.94. The business’s fifty day moving average price is GBX 791.09 and its two-hundred day moving average price is GBX 818.15. 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 capitalization of £4.24 billion, a price-to-earnings ratio of 15.72, a price-to-earnings-growth ratio of 1.96 and a beta of 1.30.

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 22.80% and a net margin of 10.86%. As a group, analysts predict that Howden Joinery Group will post 52.8073286 EPS for the current fiscal year.

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.