Jefferies Financial Group Reaffirms Hold Rating for Howden Joinery Group (LON:HWDN)

Howden Joinery Group (LON:HWDN)‘s stock had its “hold” rating reaffirmed by equities researchers at Jefferies Financial Group in a report issued on Tuesday, Digital Look reports. They presently have a GBX 847 price target on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 9.64% from the stock’s current price.

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

Howden Joinery Group Stock Down 0.3%

Shares of Howden Joinery Group stock opened at GBX 772.50 on Tuesday. The firm has a market cap of £4.20 billion, a price-to-earnings ratio of 15.83, a P/E/G ratio of 1.96 and a beta of 1.29. 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 has a 52-week low of GBX 713 and a 52-week high of GBX 981. The stock has a 50-day simple moving average of GBX 776.26 and a 200-day simple moving average of GBX 789.14.

Howden Joinery Group (LON:HWDN) last released its quarterly earnings data on Thursday, July 23rd. The company reported GBX 17.30 EPS for the quarter. Howden Joinery Group had a return on equity of 22.80% and a net margin of 10.86%. On average, equities research analysts expect that Howden Joinery Group will post 52.81 earnings per share 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.