Berenberg Bank Reaffirms Buy Rating for Howden Joinery Group (LON:HWDN)

Howden Joinery Group (LON:HWDN)‘s stock had its “buy” rating restated by research analysts at Berenberg Bank in a report released on Wednesday,Digital Look reports. They presently have a GBX 1,000 price target on the stock. Berenberg Bank’s price objective would indicate a potential upside of 28.70% from the stock’s previous close.

Separately, Jefferies Financial Group restated a “hold” rating and issued a GBX 945 price target on shares of Howden Joinery Group in a report on Wednesday, April 15th. One research analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Howden Joinery Group currently has a consensus rating of “Hold” and an average target price of GBX 929.

Howden Joinery Group Stock Performance

Shares of Howden Joinery Group stock opened at GBX 777 on Wednesday. The firm has a market cap of £4.20 billion, a price-to-earnings ratio of 15.86, a price-to-earnings-growth ratio of 1.96 and a beta of 1.30. The stock’s 50-day moving average is GBX 789.89 and its 200-day moving average is GBX 824.72. Howden Joinery Group has a one year low of GBX 713 and a one year high of GBX 981. The company has a debt-to-equity ratio of 110.24, a current ratio of 2.10 and a quick ratio of 0.94.

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.