Howden Joinery Group (LON:HWDN) Earns Buy Rating from Berenberg Bank

Howden Joinery Group (LON:HWDN)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a research note issued on Thursday, Digital Look reports. They currently have a GBX 1,075 target price on the stock. Berenberg Bank‘s target price points to a potential upside of 27.07% from the company’s current price.

A number of other equities research analysts have also weighed in on the stock. Royal Bank Of Canada raised 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. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 847 price objective on shares of Howden Joinery Group in a report on Tuesday, October 20th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of GBX 1,009.40.

Howden Joinery Group Price Performance

Shares of LON:HWDN opened at GBX 846 on Thursday. The company has a 50-day moving average price of GBX 777.46 and a 200 day moving average price of GBX 805.81. Howden Joinery Group has a 52 week low of GBX 713 and a 52 week high of GBX 981. The company has a market cap of £4.58 billion, a P/E ratio of 17.34, a PEG ratio of 1.96 and a beta of 1.28. The company has a quick ratio of 0.94, a current ratio of 1.93 and a debt-to-equity ratio of 62.35.

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.