Howden Joinery Group (LON:HWDN) Earns “Buy” Rating from Berenberg Bank

Howden Joinery Group (LON:HWDNGet Free Report)‘s stock had its “buy” rating restated by equities researchers at Berenberg Bank in a report released on Thursday, Marketbeat.com reports. They currently have a GBX 975 target price on the stock. Berenberg Bank’s target price would suggest a potential upside of 20.90% from the stock’s current price.

Several other research analysts have also commented on HWDN. Citigroup raised their price target on shares of Howden Joinery Group from GBX 855 to GBX 900 and gave the company a “neutral” rating in a report on Friday, July 25th. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 900 target price on shares of Howden Joinery Group in a research note on Friday, October 31st. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Howden Joinery Group in a research report on Friday, October 3rd. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Howden Joinery Group presently has a consensus rating of “Hold” and an average price target of GBX 914.75.

Read Our Latest Stock Analysis on HWDN

Howden Joinery Group Trading Down 1.7%

Shares of Howden Joinery Group stock opened at GBX 806.47 on Thursday. The company’s 50-day simple moving average is GBX 838.16 and its 200-day simple moving average is GBX 840.50. The firm has a market cap of £4.36 billion, a price-to-earnings ratio of 17.42, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. The company has a quick ratio of 0.94, a current ratio of 1.99 and a debt-to-equity ratio of 60.20. Howden Joinery Group has a 52-week low of GBX 647.10 and a 52-week high of GBX 939.85.

Howden Joinery Group Company Profile

(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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