Howden Joinery Group (LON:HWDN) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Howden Joinery Group (LON:HWDN) had its target price increased by JPMorgan Chase & Co. from GBX 900 to GBX 955 in a research note issued on Tuesday,London Stock Exchange reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 13.35% from the company’s current price.

Other equities research analysts also recently issued reports about the stock. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 919 price objective on shares of Howden Joinery Group in a report on Thursday, June 4th. Berenberg Bank lifted their target price 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, June 24th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,210 price target on shares of Howden Joinery Group in a research report on Wednesday, June 24th. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of GBX 993.17.

Howden Joinery Group Stock Performance

Shares of HWDN stock opened at GBX 842.50 on Tuesday. The firm has a market cap of £4.55 billion, a price-to-earnings ratio of 17.19, a P/E/G ratio of 1.96 and a beta of 1.30. The company has a debt-to-equity ratio of 59.19, a quick ratio of 0.94 and a current ratio of 2.10. Howden Joinery Group has a 52 week low of GBX 713 and a 52 week high of GBX 981. The firm’s 50-day simple moving average is GBX 788.36 and its two-hundred day simple moving average is GBX 822.89.

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.