Howden Joinery Group (LON:HWDN) Upgraded at Royal Bank Of Canada

Royal Bank Of Canada upgraded shares of Howden Joinery Group (LON:HWDN) to a sector perform rating in a research report sent to investors on Wednesday morning, Marketbeat.com reports. Royal Bank Of Canada currently has GBX 960 price target on the stock, up from their previous price target of GBX 900.

HWDN has been the topic of several other reports. JPMorgan Chase & Co. upped their target price on Howden Joinery Group from GBX 900 to GBX 955 and gave the stock a “neutral” rating in a research report on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft reissued 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. Berenberg Bank increased their price objective on Howden Joinery Group from GBX 1,000 to GBX 1,075 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 919 price objective on shares of Howden Joinery Group in a research report on Thursday, June 4th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of GBX 1,023.80.

Howden Joinery Group Trading Down 1.4%

Howden Joinery Group stock opened at GBX 759.34 on Wednesday. Howden Joinery Group has a 12 month low of GBX 713 and a 12 month high of GBX 981. The company has a quick ratio of 0.94, a current ratio of 2.10 and a debt-to-equity ratio of 59.19. The stock has a market cap of £4.18 billion, a P/E ratio of 15.50, a P/E/G ratio of 1.96 and a beta of 1.30. The company’s fifty day simple moving average is GBX 790.34 and its 200-day simple moving average is GBX 818.71.

Howden Joinery Group (LON:HWDN) last announced its quarterly earnings data 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 23.58% and a net margin of 11.07%. As a group, sell-side analysts forecast that Howden Joinery Group will post 52.8073286 EPS for the current fiscal 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.