Howden Joinery Group Plc (HWDN) Receives Consensus Rating of “Buy” from Analysts
Shares of Howden Joinery Group Plc (LON:HWDN) have been given a consensus recommendation of “Buy” by the twelve ratings firms that are currently covering the stock, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is GBX 453.60 ($6.03).
A number of analysts recently issued reports on the company. Jefferies Group LLC raised their price objective on Howden Joinery Group Plc from GBX 470 ($6.25) to GBX 480 ($6.38) and gave the stock a “hold” rating in a research report on Tuesday, July 25th. Shore Capital assumed coverage on Howden Joinery Group Plc in a research report on Thursday, July 13th. They set a “buy” rating for the company. Beaufort Securities reissued a “hold” rating and set a GBX 425 ($5.65) price objective on shares of Howden Joinery Group Plc in a research report on Friday, July 21st. Peel Hunt reissued a “hold” rating and set a GBX 445 ($5.91) price objective on shares of Howden Joinery Group Plc in a research report on Thursday, July 20th. Finally, Liberum Capital reissued a “buy” rating and set a GBX 506 ($6.72) price objective on shares of Howden Joinery Group Plc in a research report on Wednesday, August 30th.
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Howden Joinery Group Plc (HWDN) traded up 0.65% on Friday, reaching GBX 402.10. 3,768,378 shares of the company’s stock were exchanged. Howden Joinery Group Plc has a one year low of GBX 344.98 and a one year high of GBX 479.50. The firm’s market cap is GBX 2.50 billion. The firm has a 50 day moving average price of GBX 421.47 and a 200 day moving average price of GBX 433.98.
In related news, insider Mark Robson sold 180,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of GBX 425 ($5.65), for a total transaction of £765,000 ($1,016,476.22). Also, insider Matthew Ingle sold 270,000 shares of the business’s stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of GBX 428 ($5.69), for a total value of £1,155,600 ($1,535,477.01).
About Howden Joinery Group Plc
Howden Joinery Group Plc is a manufacturer and supplier of fitted kitchens, appliances and joinery products. The Company is engaged in the sale of kitchens and joinery products, along with the associated manufacture, sourcing and distribution of these products. It offers products in categories, such as kitchen collection, including inclusive cabinets, accessories, handles and taps; appliance collection, including ovens, hobs, extractors, refrigeration, dishwashers, laundry; doors and joinery collection, including internal doors, sliding wardrobe doors, external doors, door frames, linings and casings, and moldings; hardware collection, including door handles, door furniture, door security, and tools and accessories; flooring collections, including laminate flooring and accessories, and bathroom cabinet collection, including bathroom accessories, bathroom handles and bathroom worktops.
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