Howden Joinery Group (LON:HWDN) Price Target Cut to GBX 847 by Analysts at Jefferies Financial Group

Howden Joinery Group (LON:HWDN) had its target price lowered by equities researchers at Jefferies Financial Group from GBX 976 to GBX 847 in a report issued on Monday,London Stock Exchange reports. The firm presently has a “hold” rating on the stock. Jefferies Financial Group’s target price points to a potential upside of 10.21% from the company’s current price.

HWDN has been the topic of a number of other reports. 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. Royal Bank Of Canada raised Howden Joinery Group to a “sector perform” rating and increased their target price for the company from GBX 900 to GBX 960 in a report on Wednesday, July 22nd. Berenberg Bank restated a “buy” rating and issued a GBX 1,075 target price on shares of Howden Joinery Group in a research report on Thursday. Finally, JPMorgan Chase & Co. lifted 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. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 1,009.40.

Howden Joinery Group Stock Performance

LON:HWDN opened at GBX 768.50 on Monday. The company has a debt-to-equity ratio of 62.35, a quick ratio of 0.94 and a current ratio of 1.93. The company has a fifty day moving average of GBX 790.34 and a two-hundred day moving average of GBX 818.59. The stock has a market capitalization of £4.23 billion, a PE ratio of 15.68, a P/E/G ratio of 1.96 and a beta of 1.30. Howden Joinery Group has a fifty-two week low of GBX 713 and a fifty-two week high of GBX 981.

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