Howden Joinery Group (LON:HWDN) Stock Keeps Hold Rating at Jefferies Financial Group

Howden Joinery Group (LON:HWDN)‘s stock had its “hold” rating restated by equities research analysts at Jefferies Financial Group in a note issued to investors on Tuesday, October 20th, Digital Look reports. They currently have a GBX 847 price objective on the stock. Jefferies Financial Group‘s price objective would suggest a potential upside of 5.35% from the stock’s previous close.

A number of other research analysts have also weighed in on the stock. JPMorgan Chase & Co. boosted their target price on shares of Howden Joinery Group from GBX 900 to GBX 955 and gave the stock a “neutral” rating in a research report on Tuesday, June 30th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,075 price target on shares of Howden Joinery Group in a research report on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 1,210 price objective on shares of Howden Joinery Group in a research note on Wednesday, June 24th. Finally, Royal Bank Of Canada raised Howden Joinery Group to a “sector perform” rating and boosted their price objective for the stock from GBX 900 to GBX 960 in a research report on Wednesday, July 22nd. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Howden Joinery Group currently has a consensus rating of “Hold” and an average price target of GBX 1,009.40.

Howden Joinery Group Price Performance

Shares of LON HWDN remained flat at GBX 804 during trading hours on Tuesday. 1,552,089 shares of the company traded hands, compared to its average volume of 10,090,448. The company has a quick ratio of 0.94, a current ratio of 1.93 and a debt-to-equity ratio of 62.35. The business’s 50 day moving average is GBX 773.95 and its 200 day moving average is GBX 806.88. The stock has a market cap of £4.37 billion, a price-to-earnings ratio of 16.48, a P/E/G ratio of 1.96 and a beta of 1.28. Howden Joinery Group has a fifty-two week low of GBX 713 and a fifty-two week high of GBX 981.

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.