Howden Joinery Group (LON:HWDN) Stock Keeps Hold Rating at Jefferies Financial Group

Howden Joinery Group (LON:HWDN – Get Free Report)‘s stock had its “hold” rating restated by research analysts at Jefferies Financial Group in a research report issued on Tuesday, Digital Look reports. They currently have a GBX 847 price objective on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 9.22% from the company’s previous close.

A number of other equities analysts also recently issued reports on HWDN. Royal Bank Of Canada raised shares of Howden Joinery Group to a “sector perform” rating and increased their price target for the stock from GBX 900 to GBX 960 in a research note on Wednesday, July 22nd. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,075 price objective on shares of Howden Joinery Group in a research report on Thursday, July 23rd. JPMorgan Chase & Co. lifted their price objective on Howden Joinery Group from GBX 900 to GBX 955 and gave the company a “neutral” rating in a research report on Tuesday, June 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 1,210 target price on shares of Howden Joinery Group in a report on Wednesday, June 24th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of GBX 1,009.40.

Read Our Latest Stock Analysis on HWDN

Howden Joinery Group Trading Up 0.1%

Howden Joinery Group stock traded up GBX 0.50 during mid-day trading on Tuesday, reaching GBX 775.50. 1,925,049 shares of the company traded hands, compared to its average volume of 9,973,913. 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 firm has a market capitalization of £4.22 billion, a price-to-earnings ratio of 15.89, a P/E/G ratio of 1.96 and a beta of 1.29. The firm’s 50 day moving average price is GBX 776.26 and its 200 day moving average price is GBX 789.14.

Howden Joinery Group (LON:HWDN – Get Free Report) last posted its earnings results on Thursday, July 23rd. The company reported GBX 17.30 EPS for the quarter. Howden Joinery Group had a net margin of 10.86% and a return on equity of 22.80%. On average, analysts anticipate that Howden Joinery Group will post 52.81 earnings per share for the current fiscal year.

About Howden Joinery Group

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Howden Joinery Group (LON:HWDN)

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