Howden Joinery Group’s (HWDN) Hold Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reiterated their hold rating on shares of Howden Joinery Group (LON:HWDN) in a report released on Wednesday morning,Digital Look reports. They currently have a GBX 847 price objective on the stock.

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

Howden Joinery Group Trading Up 0.4%

Shares of HWDN opened at GBX 825.80 on Wednesday. Howden Joinery Group has a twelve month low of GBX 713 and a twelve month high of GBX 981. The company has a market cap of £4.52 billion, a P/E ratio of 16.92, a P/E/G ratio of 1.96 and a beta of 1.29. The company has a current ratio of 1.93, a quick ratio of 0.94 and a debt-to-equity ratio of 62.35. The company’s fifty day simple moving average is GBX 804.95 and its 200-day simple moving average is GBX 815.10.

Howden Joinery Group (LON:HWDN) last released its quarterly earnings results on Thursday, July 23rd. The company reported GBX 17.30 EPS for the quarter. Howden Joinery Group had a net margin of 10.86% and a return on equity of 22.80%. As a group, analysts expect that Howden Joinery Group will post 52.8073286 EPS 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.