Berenberg Bank Reaffirms Buy Rating for Howden Joinery Group (LON:HWDN)

Howden Joinery Group (LON:HWDN)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a research report issued to clients and investors on Wednesday,Digital Look reports. They presently have a GBX 1,000 price objective on the stock. Berenberg Bank’s target price suggests a potential upside of 28.70% from the company’s current price.

Separately, Jefferies Financial Group reiterated a “hold” rating and set a GBX 945 target price on shares of Howden Joinery Group in a report on Wednesday, April 15th. One investment analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Howden Joinery Group currently has a consensus rating of “Hold” and an average target price of GBX 929.

Howden Joinery Group Stock Up 2.9%

Shares of Howden Joinery Group stock opened at GBX 777 on Wednesday. The company has a quick ratio of 0.94, a current ratio of 2.10 and a debt-to-equity ratio of 110.24. Howden Joinery Group has a 12 month low of GBX 713 and a 12 month high of GBX 981. The business has a fifty day simple moving average of GBX 789.89 and a 200 day simple moving average of GBX 824.72. The stock has a market cap of £4.20 billion, a PE ratio of 15.86, a price-to-earnings-growth 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.