Howden Joinery Group (LON:HWDN) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Howden Joinery Group Plc (LON:HWDNGet Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 839.92 and traded as high as GBX 874. Howden Joinery Group shares last traded at GBX 868.54, with a volume of 2,080,635 shares traded.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on HWDN shares. Berenberg Bank reissued a “buy” rating and set a GBX 975 price target on shares of Howden Joinery Group in a research report on Monday, September 8th. Citigroup upped their target price on shares of Howden Joinery Group from GBX 855 to GBX 900 and gave the stock a “neutral” rating in a research note on Friday, July 25th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Howden Joinery Group in a research note on Friday, October 3rd. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a GBX 900 target price on shares of Howden Joinery Group in a research note on Friday, October 31st. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Howden Joinery Group presently has an average rating of “Hold” and a consensus target price of GBX 914.75.

Check Out Our Latest Stock Analysis on Howden Joinery Group

Howden Joinery Group Price Performance

The company has a market capitalization of £4.53 billion, a PE ratio of 18.12, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. The company has a debt-to-equity ratio of 60.20, a current ratio of 1.99 and a quick ratio of 0.94. The company’s 50 day simple moving average is GBX 838.90 and its 200 day simple moving average is GBX 839.92.

About Howden Joinery Group

(Get Free Report)

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.

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