Howden Joinery Group (LON:HWDN) Stock Keeps “Buy” Rating at Berenberg Bank

Howden Joinery Group (LON:HWDN)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a report issued on Thursday, Digital Look reports. They currently have a GBX 1,075 target price on the stock. Berenberg Bank‘s price target would suggest a potential upside of 26.62% from the company’s previous close.

Other equities analysts also recently issued reports about the stock. Jefferies Financial Group restated a “hold” rating and set a GBX 847 target price on shares of Howden Joinery Group in a report on Tuesday, October 20th. Royal Bank Of Canada raised Howden Joinery Group to a “sector perform” rating and lifted their target price 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 given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of GBX 1,009.40.

Howden Joinery Group Stock Performance

HWDN opened at GBX 849 on Thursday. The business’s 50-day simple moving average is GBX 775.92 and its 200 day simple moving average is GBX 805.82. Howden Joinery Group has a 52-week low of GBX 713 and a 52-week high of GBX 981. The company has a debt-to-equity ratio of 62.35, a quick ratio of 0.94 and a current ratio of 1.93. The firm has a market capitalization of £4.62 billion, a PE ratio of 17.40, a PEG ratio of 1.96 and a beta of 1.28.

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.