Howden Joinery Group’s (HWDN) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Howden Joinery Group (LON:HWDN) in a research note released on Thursday, MarketBeat reports. Berenberg Bank currently has a GBX 975 ($12.69) price objective on the stock.

Separately, Jefferies Financial Group boosted their target price on Howden Joinery Group from GBX 1,042 ($13.56) to GBX 1,090 ($14.19) and gave the stock a “buy” rating in a research note on Tuesday, August 20th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 923.33 ($12.02).

Howden Joinery Group Price Performance

Shares of HWDN stock opened at GBX 826 ($10.75) on Thursday. Howden Joinery Group has a 52-week low of GBX 637.60 ($8.30) and a 52-week high of GBX 982.50 ($12.79). The company has a debt-to-equity ratio of 75.88, a quick ratio of 0.94 and a current ratio of 1.99. The firm has a market capitalization of £4.54 billion, a P/E ratio of 1,795.65, a P/E/G ratio of 1.96 and a beta of 1.07. The stock has a 50 day moving average price of GBX 907.11 and a 200 day moving average price of GBX 904.34.

About Howden Joinery Group

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.