Analysts Set Howden Joinery Group Plc (LON:HWDN) Price Target at GBX 951.50

Howden Joinery Group Plc (LON:HWDN) has earned a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is GBX 951.50 ($11.71).

Several equities research analysts have issued reports on the stock. JPMorgan Chase & Co. lifted their target price on shares of Howden Joinery Group from GBX 680 ($8.37) to GBX 849 ($10.45) and gave the stock a “neutral” rating in a research note on Thursday, December 5th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 975 ($12.00) price target on shares of Howden Joinery Group in a research note on Thursday, November 7th.

Insiders Place Their Bets

In other news, insider Suzy Neubert acquired 7,305 shares of the company’s stock in a transaction on Tuesday, November 12th. The shares were bought at an average cost of GBX 821 ($10.11) per share, with a total value of £59,974.05 ($73,832.39). Insiders have bought a total of 7,348 shares of company stock valued at $6,031,809 over the last quarter. Company insiders own 0.47% of the company’s stock.

Howden Joinery Group Stock Down 0.4 %

Shares of HWDN opened at GBX 784 ($9.65) on Monday. The firm has a market cap of £4.31 billion, a P/E ratio of 1,704.35, a PEG ratio of 1.96 and a beta of 1.07. The stock’s 50 day moving average is GBX 800.96 and its two-hundred day moving average is GBX 870.47. The company has a current ratio of 1.99, a quick ratio of 0.94 and a debt-to-equity ratio of 75.88. Howden Joinery Group has a 12 month low of GBX 736 ($9.06) and a 12 month high of GBX 982.50 ($12.10).

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.