Howden Joinery Group (LON:HWDN) Hits New 52-Week High at $943.25

Howden Joinery Group Plc (LON:HWDN) reached a new 52-week high on Monday . The company traded as high as GBX 943.25 ($12.20) and last traded at GBX 939.50 ($12.15), with a volume of 22699598 shares traded. The stock had previously closed at GBX 934 ($12.08).

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Barclays reissued an “overweight” rating and set a GBX 1,010 ($13.06) price objective on shares of Howden Joinery Group in a research report on Wednesday, May 1st. Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 920 ($11.90) price target on shares of Howden Joinery Group in a research note on Friday, April 12th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 873.33 ($11.30).

Howden Joinery Group Price Performance

The company has a debt-to-equity ratio of 75.88, a current ratio of 1.92 and a quick ratio of 0.94. The stock has a market capitalization of £5.21 billion, a P/E ratio of 2,059.78, a PEG ratio of 2.12 and a beta of 1.02. The stock’s fifty day moving average is GBX 902.19 and its 200-day moving average is GBX 861.43.

Insiders Place Their Bets

In related news, insider Vanda Murray bought 3,000 shares of the firm’s stock in a transaction on Wednesday, May 1st. The stock was purchased at an average price of GBX 874 ($11.30) per share, with a total value of £26,220 ($33,911.02). Insiders purchased 3,049 shares of company stock valued at $2,666,685 over the last quarter. Insiders own 0.55% of the company’s stock.

Howden Joinery Group Company Profile

Howden Joinery Group Plc supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland. The company's product portfolio worktops, sinks and taps, flooring, appliances, and handles; internal and external doors, including fire doors, flooring, stair parts, and general joinery items; and cooking, cleaning, and cooling appliances.