Howden Joinery Group (LON:HWDN) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Howden Joinery Group (LON:HWDN) had its price target boosted by investment analysts at Berenberg Bank from GBX 1,000 to GBX 1,075 in a research report issued on Wednesday,Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target would suggest a potential upside of 31.34% from the company’s current price.

Separately, Jefferies Financial Group reissued a “hold” rating and issued a GBX 919 price target on shares of Howden Joinery Group in a report on Thursday, June 4th. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of GBX 938.80.

Howden Joinery Group Trading Up 2.4%

Shares of HWDN stock opened at GBX 818.50 on Wednesday. Howden Joinery Group has a 1-year low of GBX 713 and a 1-year high of GBX 981. The company has a market cap of £4.42 billion, a price-to-earnings ratio of 16.70, a PEG ratio of 1.96 and a beta of 1.30. The company has a debt-to-equity ratio of 59.19, a current ratio of 2.10 and a quick ratio of 0.94. The stock has a 50 day simple moving average of GBX 787.03 and a 200-day simple moving average of GBX 822.02.

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.