Howden Joinery Group Plc (LON:HWDN) Receives Consensus Rating of “Hold” from Analysts

Shares of Howden Joinery Group Plc (LON:HWDN) have been assigned a consensus rating of “Hold” from the five research firms that are presently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is GBX 1,023.80.

A number of research firms have recently weighed in on HWDN. JPMorgan Chase & Co. boosted 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. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 919 price objective on shares of Howden Joinery Group in a research note on Thursday, June 4th. Royal Bank Of Canada upgraded Howden Joinery Group to a “sector perform” rating and lifted their price objective for the stock from GBX 900 to GBX 960 in a research report on Wednesday. Berenberg Bank reissued a “buy” rating and issued a GBX 1,075 target price on shares of Howden Joinery Group in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,210 target price on shares of Howden Joinery Group in a report on Wednesday, June 24th.

Howden Joinery Group Trading Down 1.4%

Shares of HWDN opened at GBX 759.34 on Friday. The company has a debt-to-equity ratio of 59.19, a current ratio of 2.10 and a quick ratio of 0.94. Howden Joinery Group has a 1-year low of GBX 713 and a 1-year high of GBX 981. The stock has a market cap of £4.18 billion, a price-to-earnings ratio of 15.50, a price-to-earnings-growth ratio of 1.96 and a beta of 1.30. The firm has a 50 day simple moving average of GBX 790.34 and a 200-day simple moving average of GBX 818.71.

Howden Joinery Group (LON:HWDN) last posted its earnings results on Thursday, July 23rd. The company reported GBX 17.30 earnings per share (EPS) for the quarter. Howden Joinery Group had a return on equity of 23.58% and a net margin of 11.07%. Equities analysts forecast that Howden Joinery Group will post 52.8073286 EPS for the current fiscal 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. 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.