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

Shares of Howden Joinery Group Plc (LON:HWDN) have been assigned an average recommendation of “Moderate Buy” from the six research firms that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is GBX 873.33 ($11.05).

Several research firms have commented on HWDN. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 920 ($11.64) price objective on shares of Howden Joinery Group in a research report on Friday, April 12th. Barclays reissued an “overweight” rating and issued a GBX 1,010 ($12.78) price objective on shares of Howden Joinery Group in a research report on Wednesday, May 1st.

Howden Joinery Group Trading Up 2.6 %

Shares of HWDN opened at GBX 889.50 ($11.25) on Thursday. The company has a current ratio of 1.92, a quick ratio of 0.94 and a debt-to-equity ratio of 75.88. The firm has a market capitalization of £4.89 billion, a P/E ratio of 1,933.70, a price-to-earnings-growth ratio of 2.12 and a beta of 1.02. The stock’s fifty day simple moving average is GBX 893.18 and its 200 day simple moving average is GBX 850.42. Howden Joinery Group has a twelve month low of GBX 605 ($7.65) and a twelve month high of GBX 937 ($11.85).

Insider Activity

In related news, insider Vanda Murray purchased 3,000 shares of the stock in a transaction dated Wednesday, May 1st. The shares were acquired at an average cost of GBX 874 ($11.05) per share, for a total transaction of £26,220 ($33,164.69). In related news, insider Paul Hayes sold 59,074 shares of Howden Joinery Group stock in a transaction on Monday, April 8th. The shares were sold at an average price of GBX 869 ($10.99), for a total value of £513,353.06 ($649,320.84). Also, insider Vanda Murray acquired 3,000 shares of Howden Joinery Group stock in a transaction that occurred on Wednesday, May 1st. The stock was acquired at an average cost of GBX 874 ($11.05) per share, with a total value of £26,220 ($33,164.69). Insiders have purchased a total of 3,245 shares of company stock worth $2,831,549 in the last ninety days. Corporate insiders own 0.55% of the company’s stock.

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.