Howden Joinery Group Plc (LON:HWDN) Given Average Recommendation of “Hold” by Brokerages

Howden Joinery Group Plc (LON:HWDN) has received a consensus rating of “Hold” from the six brokerages that are covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is GBX 993.17.

HWDN has been the topic of several recent analyst reports. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 919 price target on shares of Howden Joinery Group in a research note on Thursday, June 4th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,210 price objective on shares of Howden Joinery Group in a research report on Wednesday, June 24th. JPMorgan Chase & Co. upped 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 note on Tuesday, June 30th. Finally, Berenberg Bank raised their target price on shares of Howden Joinery Group from GBX 1,000 to GBX 1,075 and gave the stock a “buy” rating in a research report on Wednesday, June 24th.

Howden Joinery Group Stock Down 0.6%

LON:HWDN opened at GBX 800.50 on Friday. The company has a market cap of £4.40 billion, a price-to-earnings ratio of 16.34, a price-to-earnings-growth ratio of 1.96 and a beta of 1.30. Howden Joinery Group has a twelve month low of GBX 713 and a twelve month high of GBX 981. The company has a current ratio of 2.10, a quick ratio of 0.94 and a debt-to-equity ratio of 59.19. The stock has a fifty day simple moving average of GBX 786.80 and a 200-day simple moving average of GBX 820.93.

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.