Howden Joinery Group (LON:HWDN) Stock Rating Upgraded by Royal Bank Of Canada

Howden Joinery Group (LON:HWDN) was upgraded by analysts at Royal Bank Of Canada to a “sector perform” rating in a report released on Wednesday,London Stock Exchange reports. The firm presently has a GBX 960 price target on the stock, up from their previous price target of GBX 900. Royal Bank Of Canada’s price objective would indicate a potential upside of 24.92% from the stock’s previous close.

Several other research firms have also commented on HWDN. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,210 price target on shares of Howden Joinery Group in a research report on Wednesday, June 24th. Berenberg Bank increased their price target 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. JPMorgan Chase & Co. boosted their target price on shares of Howden Joinery Group from GBX 900 to GBX 955 and gave the company a “neutral” rating in a research note on Tuesday, June 30th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 919 target price on shares of Howden Joinery Group in a report on Thursday, June 4th. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Howden Joinery Group has an average rating of “Hold” and an average target price of GBX 1,003.17.

Howden Joinery Group Price Performance

HWDN opened at GBX 768.50 on Wednesday. The company has a quick ratio of 0.94, a current ratio of 2.10 and a debt-to-equity ratio of 59.19. The company has a market cap of £4.23 billion, a P/E ratio of 15.68, a P/E/G ratio of 1.96 and a beta of 1.30. The company has a 50 day moving average of GBX 787.92 and a two-hundred day moving average of GBX 820.03. Howden Joinery Group has a 52-week low of GBX 713 and a 52-week high of GBX 981.

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.