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

Howden Joinery Group Plc (LON:HWDN) has been given an average rating of “Hold” by the six research firms that are presently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 1,003.17.

Several equities research analysts recently weighed in on HWDN shares. Royal Bank Of Canada upgraded Howden Joinery Group to a “sector perform” rating and lifted their price target for the company from GBX 900 to GBX 960 in a research report on Wednesday. JPMorgan Chase & Co. upped their price target on Howden Joinery Group from GBX 900 to GBX 955 and gave the stock a “neutral” rating in a research note on Tuesday, June 30th. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 919 price objective on shares of Howden Joinery Group in a report on Thursday, June 4th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,210 price objective on shares of Howden Joinery Group in a research report on Wednesday, June 24th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 1,075 target price on shares of Howden Joinery Group in a report on Thursday.

Howden Joinery Group Stock Performance

Shares of HWDN opened at GBX 770.50 on Friday. The company has a debt-to-equity ratio of 59.19, a current ratio of 2.10 and a quick ratio of 0.94. Howden Joinery Group has a one year low of GBX 713 and a one year high of GBX 981. The company has a 50-day simple moving average of GBX 789.63 and a two-hundred day simple moving average of GBX 819.13. The firm has a market capitalization of £4.24 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 1.96 and a beta of 1.30.

Howden Joinery Group (LON:HWDN) last posted its earnings results on Thursday, July 23rd. The company reported GBX 17.30 earnings per share for the quarter. Howden Joinery Group had a return on equity of 23.58% and a net margin of 11.07%. On average, analysts anticipate that Howden Joinery Group will post 52.8073286 EPS for the current fiscal year.

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.