Howden Joinery Group Plc (LON:HWDN) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Howden Joinery Group Plc (LON:HWDN) have been assigned an average recommendation of “Moderate Buy” from the six analysts that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 951.50 ($11.57).

HWDN has been the subject of several analyst reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 975 ($11.86) price target on shares of Howden Joinery Group in a report on Thursday, November 7th. JPMorgan Chase & Co. boosted their price target on Howden Joinery Group from GBX 680 ($8.27) to GBX 849 ($10.33) and gave the company a “neutral” rating in a report on Thursday, December 5th.

Howden Joinery Group Trading Down 0.4 %

Shares of HWDN opened at GBX 784.50 ($9.54) on Monday. The stock has a fifty day moving average of GBX 802.85 and a two-hundred day moving average of GBX 872.78. The company has a debt-to-equity ratio of 75.88, a quick ratio of 0.94 and a current ratio of 1.99. The company has a market capitalization of £4.31 billion, a PE ratio of 1,705.43, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. Howden Joinery Group has a fifty-two week low of GBX 736 ($8.95) and a fifty-two week high of GBX 982.50 ($11.95).

Insider Activity

In other Howden Joinery Group news, insider Suzy Neubert purchased 7,305 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The stock was purchased at an average cost of GBX 821 ($9.99) per share, with a total value of £59,974.05 ($72,943.38). Insiders purchased 7,328 shares of company stock valued at $6,016,329 in the last ninety days. Company insiders own 0.47% of the company’s stock.

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.