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Howden Joinery Group (LON:HWDN) Stock Price Crosses Above Two Hundred Day Moving Average - Here's What Happened

Howden Joinery Group logo with Consumer Cyclical background

Howden Joinery Group Plc (LON:HWDN - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 858.79 ($10.84) and traded as high as GBX 867 ($10.94). Howden Joinery Group shares last traded at GBX 866.83 ($10.94), with a volume of 1,264,507 shares trading hands.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on HWDN shares. Berenberg Bank reissued a "buy" rating and issued a GBX 975 ($12.30) target price on shares of Howden Joinery Group in a research note on Thursday, November 7th. JPMorgan Chase & Co. increased their target price on shares of Howden Joinery Group from GBX 680 ($8.58) to GBX 849 ($10.71) and gave the company a "neutral" rating in a research note on Thursday, December 5th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Howden Joinery Group currently has an average rating of "Moderate Buy" and a consensus target price of GBX 951.50 ($12.00).

Get Our Latest Stock Report on Howden Joinery Group

Howden Joinery Group Stock Down 1.1 %

The company has a current ratio of 1.99, a quick ratio of 0.94 and a debt-to-equity ratio of 60.20. The company's 50 day moving average is GBX 798.93 and its 200 day moving average is GBX 856.47. The company has a market cap of £4.61 billion, a PE ratio of 18.11, a P/E/G ratio of 1.96 and a beta of 1.07.

About Howden Joinery Group

(Get Free Report)

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.

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