Howden Joinery Group Plc (LON:HWDN) Given Average Rating of “Moderate Buy” by Analysts

Howden Joinery Group Plc (LON:HWDN) has been given an average rating of “Moderate Buy” by the six brokerages that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 923.33 ($11.88).

Several research analysts have issued reports on the company. Berenberg Bank reaffirmed a “buy” rating and set a GBX 975 ($12.55) price objective on shares of Howden Joinery Group in a report on Thursday, November 7th. Jefferies Financial Group raised their price target on Howden Joinery Group from GBX 1,042 ($13.41) to GBX 1,090 ($14.03) and gave the company a “buy” rating in a report on Tuesday, August 20th.

Howden Joinery Group Stock Performance

HWDN opened at GBX 815.50 ($10.49) on Wednesday. The stock’s 50 day simple moving average is GBX 902.13 and its 200-day simple moving average is GBX 903.74. The company has a current ratio of 1.99, a quick ratio of 0.94 and a debt-to-equity ratio of 75.88. The stock has a market cap of £4.48 billion, a PE ratio of 1,772.83, a P/E/G ratio of 1.96 and a beta of 1.07. Howden Joinery Group has a 1 year low of GBX 647.80 ($8.34) and a 1 year high of GBX 982.50 ($12.64).

Insider Activity at Howden Joinery Group

In related news, insider Suzy Neubert purchased 7,305 shares of Howden Joinery Group stock in a transaction that occurred on Tuesday, November 12th. The stock was bought at an average price of GBX 821 ($10.56) per share, for a total transaction of £59,974.05 ($77,176.75). In the last three months, insiders purchased 7,354 shares of company stock valued at $6,042,768. 0.47% of the stock is owned by insiders.

Howden Joinery Group Company Profile

Howden Joinery Group Plc supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland. The company's product portfolio worktops, sinks and taps, flooring, appliances, and handles; internal and external doors, including fire doors, flooring, stair parts, and general joinery items; and cooking, cleaning, and cooling appliances.