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

Jefferies Financial Group reissued their hold rating on shares of Howden Joinery Group (LON:HWDN) in a report issued on Tuesday,Digital Look reports. Jefferies Financial Group currently has a GBX 847 price target on the stock.

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

Howden Joinery Group Price Performance

HWDN stock opened at GBX 791 on Tuesday. The company has a 50 day simple moving average of GBX 773.91 and a 200 day simple moving average of GBX 788.76. The stock has a market cap of £4.30 billion, a price-to-earnings ratio of 16.21, a P/E/G ratio of 1.96 and a beta of 1.29. Howden Joinery Group has a 1 year low of GBX 713 and a 1 year high of GBX 981. 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 (LON:HWDN) last issued its quarterly earnings data 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%. Research analysts anticipate that Howden Joinery Group will post 52.81 EPS for the current fiscal 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.