Jefferies Financial Group Reaffirms “Hold” Rating for Howden Joinery Group (LON:HWDN)

Howden Joinery Group (LON:HWDN)‘s stock had its “hold” rating reissued by research analysts at Jefferies Financial Group in a research note issued on Thursday, Digital Look reports. They presently have a GBX 847 price objective on the stock. Jefferies Financial Group‘s target price would indicate a potential upside of 0.12% from the stock’s current price.

A number of other equities research analysts also recently weighed in on HWDN. Royal Bank Of Canada raised Howden Joinery Group to a “sector perform” rating and raised their target price for the company from GBX 900 to GBX 960 in a report on Wednesday, July 22nd. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,075 target price on shares of Howden Joinery Group in a report on Thursday. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of GBX 1,009.40.

Howden Joinery Group Price Performance

Howden Joinery Group stock opened at GBX 846 on Thursday. Howden Joinery Group has a 1 year low of GBX 713 and a 1 year high of GBX 981. The company has a current ratio of 1.93, a quick ratio of 0.94 and a debt-to-equity ratio of 62.35. The business has a 50-day moving average of GBX 777.46 and a 200-day moving average of GBX 805.81. The firm has a market capitalization of £4.58 billion, a P/E ratio of 17.34, a PEG ratio of 1.96 and a beta of 1.28.

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.