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

Howden Joinery Group Plc (LON:HWDN) has been assigned an average recommendation of “Hold” from the six analysts that are currently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is GBX 984.

A number of analysts recently commented on the company. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 919 price objective on shares of Howden Joinery Group in a research report on Thursday, June 4th. Berenberg Bank lifted 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. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,210 price target on shares of Howden Joinery Group in a research note on Wednesday.

Howden Joinery Group Price Performance

HWDN stock traded up GBX 27.50 during midday trading on Wednesday, reaching GBX 826.50. 762,636 shares of the company’s stock traded hands, compared to its average volume of 11,250,256. The company has a 50-day simple moving average of GBX 787.03 and a two-hundred day simple moving average of GBX 822.02. The company has a quick ratio of 0.94, a current ratio of 2.10 and a debt-to-equity ratio of 59.19. 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 £4.46 billion, a price-to-earnings ratio of 16.87, a PEG ratio of 1.96 and a beta of 1.30.

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.