Howden Joinery Group Plc (LON:HWDN) Given Average Recommendation of “Moderate Buy” by Analysts

Howden Joinery Group Plc (LON:HWDN) has been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is GBX 951.50 ($11.96).

A number of brokerages have recently issued reports on HWDN. JPMorgan Chase & Co. boosted their target price on shares of Howden Joinery Group from GBX 680 ($8.55) to GBX 849 ($10.67) and gave the company a “neutral” rating in a research note on Thursday, December 5th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 975 ($12.25) price objective on shares of Howden Joinery Group in a research note on Thursday, November 7th.

Howden Joinery Group Stock Down 0.5 %

Shares of HWDN opened at GBX 862.50 ($10.84) on Friday. The firm has a market capitalization of £4.71 billion, a P/E ratio of 18.49, a P/E/G ratio of 1.96 and a beta of 1.07. Howden Joinery Group has a 12-month low of GBX 736 ($9.25) and a 12-month high of GBX 982.50 ($12.35). The company has a current ratio of 1.99, a quick ratio of 0.94 and a debt-to-equity ratio of 60.20. The firm has a fifty day moving average price of GBX 798.06 and a 200-day moving average price of GBX 858.79.

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.