Howden Joinery Group (LON:HWDN) Given Buy Rating at Berenberg Bank

Howden Joinery Group (LON:HWDN)‘s stock had its “buy” rating reissued by equities researchers at Berenberg Bank in a report released on Thursday, Digital Look reports. They currently have a GBX 1,075 target price on the stock. Berenberg Bank‘s price objective points to a potential upside of 26.62% from the stock’s current price.

A number of other brokerages have also recently weighed in on HWDN. Royal Bank Of Canada raised Howden Joinery Group to a “sector perform” rating and boosted their price target for the stock from GBX 900 to GBX 960 in a research report on Wednesday, July 22nd. Jefferies Financial Group reissued a “hold” rating and issued a GBX 847 target price on shares of Howden Joinery Group in a report on Tuesday, October 20th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of GBX 1,009.40.

Howden Joinery Group Stock Up 1.0%

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