Howden Joinery Group’s (HWDN) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Howden Joinery Group (LON:HWDN) in a report issued on Thursday morning,Digital Look reports. They currently have a GBX 1,075 price objective on the stock.

Several other analysts also recently weighed in on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Howden Joinery Group from GBX 900 to GBX 955 and gave the stock a “neutral” rating in a research report on Tuesday, June 30th. Royal Bank Of Canada raised Howden Joinery Group to a “sector perform” rating and upped their price objective for the stock from GBX 900 to GBX 960 in a report on Wednesday. Jefferies Financial Group restated a “hold” rating and issued a GBX 919 price target on shares of Howden Joinery Group in a report on Thursday, June 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,210 price objective on shares of Howden Joinery Group in a research note on Wednesday, June 24th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Howden Joinery Group presently has a consensus rating of “Hold” and an average price target of GBX 1,023.80.

Howden Joinery Group Trading Down 1.4%

LON:HWDN opened at GBX 759.34 on Thursday. The stock has a fifty day moving average price of GBX 790.34 and a 200 day moving average price of GBX 818.71. The company has a current ratio of 2.10, a quick ratio of 0.94 and a debt-to-equity ratio of 59.19. The firm has a market cap of £4.18 billion, a PE ratio of 15.50, a price-to-earnings-growth ratio of 1.96 and a beta of 1.30. Howden Joinery Group has a 12-month low of GBX 713 and a 12-month high of GBX 981.

Howden Joinery Group (LON:HWDN) last released its quarterly earnings data on Thursday, July 23rd. The company reported GBX 17.30 earnings per share (EPS) for the quarter. Howden Joinery Group had a net margin of 11.07% and a return on equity of 23.58%. Sell-side analysts anticipate that Howden Joinery Group will post 52.8073286 earnings per share for the current fiscal year.

About Howden Joinery Group

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.