Jefferies Financial Group Cuts Howden Joinery Group (LON:HWDN) Price Target to GBX 847

Howden Joinery Group (LON:HWDN) had its price target lowered by Jefferies Financial Group from GBX 976 to GBX 847 in a research report sent to investors on Monday, MarketBeat reports. The firm currently has a hold rating on the stock.

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

Howden Joinery Group Stock Down 0.2%

LON HWDN opened at GBX 786.50 on Monday. The company has a debt-to-equity ratio of 62.35, a current ratio of 1.93 and a quick ratio of 0.94. The stock has a market capitalization of £4.33 billion, a PE ratio of 16.05, a PEG ratio of 1.96 and a beta of 1.30. Howden Joinery Group has a 1 year low of GBX 713 and a 1 year high of GBX 981. The business’s 50-day moving average is GBX 792.86 and its 200 day moving average is GBX 817.41.

Howden Joinery Group (LON:HWDN) last announced its quarterly earnings results on Thursday, July 23rd. The company reported GBX 17.30 earnings per share (EPS) for the quarter. Howden Joinery Group had a return on equity of 22.80% and a net margin of 10.86%. Sell-side analysts forecast that Howden Joinery Group will post 52.8073286 earnings per share for the current year.

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.