Deutsche Bank Aktiengesellschaft Reiterates Buy Rating for Howden Joinery Group (LON:HWDN)

Howden Joinery Group (LON:HWDN)‘s stock had its “buy” rating reaffirmed by analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Wednesday,London Stock Exchange reports. They currently have a GBX 1,210 price target on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 46.40% from the company’s current price.

Several other research analysts also recently commented on the stock. Berenberg Bank raised their price target on shares of Howden Joinery Group from GBX 1,000 to GBX 1,075 and gave the stock a “buy” rating in a research note on Wednesday. Jefferies Financial Group reissued a “hold” rating and set a GBX 919 price objective on shares of Howden Joinery Group in a report on Thursday, June 4th. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Howden Joinery Group presently has a consensus rating of “Hold” and an average price target of GBX 984.

Howden Joinery Group Trading Up 3.4%

Shares of HWDN opened at GBX 826.50 on Wednesday. The company’s fifty day moving average is GBX 787.03 and its 200 day moving average is GBX 822.02. Howden Joinery Group has a fifty-two week low of GBX 713 and a fifty-two week high of GBX 981. The company has a debt-to-equity ratio of 59.19, a quick ratio of 0.94 and a current ratio of 2.10. The stock has a market capitalization of £4.46 billion, a PE ratio of 16.87, a P/E/G ratio of 1.96 and a beta of 1.30.

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.