Howden Joinery Group (LON:HWDN) Stock Rating Reaffirmed as Hold by Jefferies Financial Group

Howden Joinery Group (LON:HWDN)‘s stock had its “hold” rating reissued by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Tuesday, Digital Look reports. They presently have a GBX 847 target price on the stock. Jefferies Financial Group‘s price target indicates a potential upside of 7.08% from the stock’s current price.

HWDN has been the topic of a number of other research reports. Berenberg Bank restated a “buy” rating and set a GBX 1,075 price target on shares of Howden Joinery Group in a report on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft reaffirmed 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. Royal Bank Of Canada upgraded Howden Joinery Group to a “sector perform” rating and increased their price objective for the stock from GBX 900 to GBX 960 in a report on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on Howden Joinery Group from GBX 900 to GBX 955 and gave the stock a “neutral” rating in a research report on Tuesday, June 30th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of GBX 1,009.40.

Howden Joinery Group Stock Performance

Shares of HWDN stock opened at GBX 791 on Tuesday. The company has a debt-to-equity ratio of 62.35, a quick ratio of 0.94 and a current ratio of 1.93. Howden Joinery Group has a fifty-two week low of GBX 713 and a fifty-two week high of GBX 981. The stock has a 50 day moving average price of GBX 773.91 and a two-hundred day moving average price of GBX 788.76. The company has a market capitalization of £4.30 billion, a P/E ratio of 16.21, a PEG ratio of 1.96 and a beta of 1.29.

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 net margin of 10.86% and a return on equity of 22.80%. Analysts expect that Howden Joinery Group will post 52.81 earnings per share for the current 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.