Howden Joinery Group (LON:HWDN) Price Target Raised to GBX 955 at JPMorgan Chase & Co.

Howden Joinery Group (LON:HWDN) had its target price lifted by investment analysts at JPMorgan Chase & Co. from GBX 900 to GBX 955 in a report issued on Tuesday,London Stock Exchange reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 13.35% from the company’s current price.

Other analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,210 price target on shares of Howden Joinery Group in a research note on Wednesday, June 24th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 919 price objective on shares of Howden Joinery Group in a research note on Thursday, June 4th. Finally, Berenberg Bank raised their price objective on shares of Howden Joinery Group from GBX 1,000 to GBX 1,075 and gave the company a “buy” rating in a report on Wednesday, June 24th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of GBX 993.17.

Howden Joinery Group Price Performance

Shares of LON HWDN opened at GBX 842.50 on Tuesday. The company has a quick ratio of 0.94, a current ratio of 2.10 and a debt-to-equity ratio of 59.19. The business’s 50 day moving average price is GBX 788.36 and its two-hundred day moving average price is GBX 822.89. The company has a market cap of £4.55 billion, a PE ratio of 17.19, a price-to-earnings-growth ratio of 1.96 and a beta of 1.30. Howden Joinery Group has a twelve month low of GBX 713 and a twelve month high of GBX 981.

Howden Joinery Group Company Profile

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. Local Howdens depots build trusted partnerships with trade professionals, helping them to exceed their customers’ expectations and allowing their businesses and ours to profit from doing so.