Howden Joinery Group (LON:HWDN) Receives Hold Rating from Jefferies Financial Group

Howden Joinery Group (LON:HWDN)‘s stock had its “hold” rating reiterated by research analysts at Jefferies Financial Group in a report released on Wednesday,Digital Look reports. They presently have a GBX 847 target price on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 1.99% from the stock’s previous close.

Several other research analysts have also commented on HWDN. Royal Bank Of Canada raised Howden Joinery Group to a “sector perform” rating and raised their price objective for the company from GBX 900 to GBX 960 in a research report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,210 target price on shares of Howden Joinery Group in a research report on Wednesday, June 24th. JPMorgan Chase & Co. increased their target price on Howden Joinery Group from GBX 900 to GBX 955 and gave the company a “neutral” rating in a research note on Tuesday, June 30th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 1,075 target price 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 assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of GBX 1,009.40.

Howden Joinery Group Price Performance

Howden Joinery Group stock opened at GBX 830.50 on Wednesday. The firm has a fifty day moving average of GBX 802.52 and a 200-day moving average of GBX 815.55. Howden Joinery Group has a 52-week low of GBX 713 and a 52-week high of GBX 981. The company has a quick ratio of 0.94, a current ratio of 1.93 and a debt-to-equity ratio of 62.35. The firm has a market capitalization of £4.55 billion, a P/E ratio of 17.02, a PEG ratio of 1.96 and a beta of 1.29.

Howden Joinery Group (LON:HWDN) last posted its earnings results on Thursday, July 23rd. The company reported GBX 17.30 earnings per share for the quarter. Howden Joinery Group had a net margin of 10.86% and a return on equity of 22.80%. As a group, analysts predict that Howden Joinery Group will post 52.8073286 EPS for the current 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.