Howden Joinery Group’s (HWDN) “Buy” Rating Reaffirmed at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Howden Joinery Group (LON:HWDN) in a research report sent to investors on Monday morning,London Stock Exchange reports. The brokerage currently has a GBX 975 target price on the stock.

Several other analysts also recently issued reports on HWDN. Citigroup increased their price objective on shares of Howden Joinery Group from GBX 855 to GBX 900 and gave the company a “neutral” rating in a research report on Friday, July 25th. JPMorgan Chase & Co. increased their price objective on shares of Howden Joinery Group from GBX 824 to GBX 884 and gave the company a “neutral” rating in a research report on Friday, July 25th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of GBX 919.67.

Howden Joinery Group Trading Down 1.8%

HWDN traded down GBX 15 on Monday, reaching GBX 840.50. 1,241,005 shares of the company’s stock were exchanged, compared to its average volume of 4,813,074. The company’s 50 day moving average is GBX 852.75 and its 200-day moving average is GBX 809.15. The company has a market cap of £4.56 billion, a price-to-earnings ratio of 1,815.33, a PEG ratio of 1.96 and a beta of 1.07. Howden Joinery Group has a twelve month low of GBX 647.10 and a twelve month high of GBX 982.50. The company has a debt-to-equity ratio of 60.20, a quick ratio of 0.94 and a current ratio of 1.99.

Howden Joinery Group (LON:HWDN) last issued its quarterly earnings data on Thursday, July 24th. The company reported GBX 16.40 earnings per share (EPS) for the quarter. Howden Joinery Group had a net margin of 10.82% and a return on equity of 25.70%. Equities analysts predict that Howden Joinery Group will post 52.8073286 earnings per share for the current year.

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.