Brokerages Set Howden Joinery Group Plc (LON:HWDN) PT at GBX 856.43

Howden Joinery Group Plc (LON:HWDN) has received an average rating of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is GBX 873.33 ($11.12).

Several equities analysts recently weighed in on HWDN shares. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 930 ($11.84) price target on shares of Howden Joinery Group in a research report on Tuesday, March 5th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a GBX 920 ($11.72) price target on shares of Howden Joinery Group in a research report on Friday, April 12th. JPMorgan Chase & Co. raised their price target on shares of Howden Joinery Group from GBX 670 ($8.53) to GBX 680 ($8.66) and gave the company a “neutral” rating in a research report on Tuesday, March 5th. Citigroup cut shares of Howden Joinery Group to a “neutral” rating and set a GBX 865 ($11.01) price target on the stock. in a research report on Friday, March 1st. Finally, Barclays reaffirmed an “overweight” rating and issued a GBX 1,010 ($12.86) price target on shares of Howden Joinery Group in a research report on Wednesday, May 1st.

Howden Joinery Group Price Performance

HWDN stock opened at GBX 867.50 ($11.05) on Friday. Howden Joinery Group has a 1 year low of GBX 605 ($7.70) and a 1 year high of GBX 937 ($11.93). The stock has a market capitalization of £4.77 billion, a PE ratio of 1,885.87, a price-to-earnings-growth ratio of 2.12 and a beta of 1.02. The company has a debt-to-equity ratio of 75.88, a current ratio of 1.92 and a quick ratio of 0.94. The company’s 50-day moving average is GBX 890.03 and its 200-day moving average is GBX 839.58.

Insider Buying and Selling at Howden Joinery Group

In other Howden Joinery Group news, insider Paul Hayes sold 59,074 shares of the stock in a transaction dated Monday, April 8th. The shares were sold at an average price of GBX 869 ($11.07), for a total value of £513,353.06 ($653,703.12). In related news, insider Vanda Murray purchased 3,000 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The stock was bought at an average price of GBX 874 ($11.13) per share, for a total transaction of £26,220 ($33,388.51). Also, insider Paul Hayes sold 59,074 shares of the firm’s stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of GBX 869 ($11.07), for a total transaction of £513,353.06 ($653,703.12). In the last 90 days, insiders bought 7,210 shares of company stock worth $6,536,918. 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.