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

Shares of Howden Joinery Group Plc (LON:HWDN) have been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 951.50 ($11.93).

A number of research firms recently commented on HWDN. Berenberg Bank reiterated a “buy” rating and issued a GBX 975 ($12.23) price objective on shares of Howden Joinery Group in a report on Thursday, November 7th. JPMorgan Chase & Co. upped their price target on Howden Joinery Group from GBX 680 ($8.53) to GBX 849 ($10.65) and gave the company a “neutral” rating in a research note on Thursday, December 5th.

Insider Buying and Selling

In related news, insider Suzy Neubert acquired 7,305 shares of Howden Joinery Group stock in a transaction dated Tuesday, November 12th. The shares were acquired at an average cost of GBX 821 ($10.30) per share, for a total transaction of £59,974.05 ($75,221.43). In the last 90 days, insiders have bought 7,345 shares of company stock valued at $6,031,612. Corporate insiders own 0.47% of the company’s stock.

Howden Joinery Group Price Performance

Shares of HWDN stock opened at GBX 787.50 ($9.88) on Thursday. The firm’s 50-day moving average is GBX 838.57 and its two-hundred day moving average is GBX 885.86. Howden Joinery Group has a 12 month low of GBX 753.40 ($9.45) and a 12 month high of GBX 982.50 ($12.32). The company has a debt-to-equity ratio of 75.88, a current ratio of 1.99 and a quick ratio of 0.94. The company has a market capitalization of £4.33 billion, a PE ratio of 1,711.96, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07.

About Howden Joinery Group

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.