Howden Joinery Group (LON:HWDN) Stock Rating Reaffirmed as Buy by Deutsche Bank Aktiengesellschaft

Howden Joinery Group (LON:HWDN)‘s stock had its “buy” rating reaffirmed by investment analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Friday, Digital Look reports. They currently have a GBX 1,210 price target on the stock. Deutsche Bank Aktiengesellschaft‘s price target suggests a potential upside of 44.05% from the company’s current price.

A number of other equities analysts have also issued reports on the company. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,075 price target on shares of Howden Joinery Group in a research note on Thursday. Royal Bank Of Canada raised Howden Joinery Group to a “sector perform” rating and boosted their price objective for the stock from GBX 900 to GBX 960 in a research note on Wednesday, July 22nd. Finally, Jefferies Financial Group reissued a “hold” rating and issued a GBX 847 price objective on shares of Howden Joinery Group in a research note on Thursday. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of GBX 1,009.40.

Howden Joinery Group Price Performance

Shares of LON:HWDN opened at GBX 840 on Friday. Howden Joinery Group has a 12 month low of GBX 713 and a 12 month high of GBX 981. The stock has a market cap of £4.57 billion, a price-to-earnings ratio of 17.21, a PEG ratio of 1.96 and a beta of 1.28. The stock’s 50 day moving average price is GBX 776.63 and its 200 day moving average price is GBX 805.80. 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 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.