Howden Joinery Group Plc (LON:HWDN) Receives Consensus Rating of “Moderate Buy” from Brokerages

Howden Joinery Group Plc (LON:HWDN) has received an average recommendation of “Moderate Buy” from the six analysts that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 951.50 ($11.94).

Several equities analysts recently commented on HWDN shares. JPMorgan Chase & Co. boosted their price target on Howden Joinery Group from GBX 680 ($8.53) to GBX 849 ($10.65) and gave the stock a “neutral” rating in a research report on Thursday, December 5th. Berenberg Bank reissued a “buy” rating and set a GBX 975 ($12.23) target price on shares of Howden Joinery Group in a research report on Thursday, November 7th.

Insider Activity

In other news, insider Suzy Neubert acquired 7,305 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was purchased at an average cost of GBX 821 ($10.30) per share, with a total value of £59,974.05 ($75,249.75). In the last three months, insiders acquired 7,345 shares of company stock worth $6,031,612. 0.47% of the stock is currently owned by insiders.

Howden Joinery Group Price Performance

Shares of LON HWDN opened at GBX 785.50 ($9.86) on Thursday. The company has a debt-to-equity ratio of 75.88, a current ratio of 1.99 and a quick ratio of 0.94. Howden Joinery Group has a 1-year low of GBX 753.40 ($9.45) and a 1-year high of GBX 982.50 ($12.33). The company has a market capitalization of £4.32 billion, a price-to-earnings ratio of 1,707.61, a PEG ratio of 1.96 and a beta of 1.07. The business has a 50-day moving average of GBX 829.05 and a 200-day moving average of GBX 883.37.

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.