Howden Joinery Group (LON:HWDN) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Howden Joinery Group (LON:HWDN - Get Free Report) had its target price lifted by analysts at JPMorgan Chase & Co. from GBX 680 ($8.64) to GBX 849 ($10.79) in a research report issued on Thursday, Marketbeat reports. The brokerage currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price target would indicate a potential upside of 1.31% from the company's previous close.

HWDN has been the subject of a number of other reports. Jefferies Financial Group upped their price objective on shares of Howden Joinery Group from GBX 1,042 ($13.24) to GBX 1,090 ($13.85) and gave the company a "buy" rating in a research note on Tuesday, August 20th. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 975 ($12.39) price objective on shares of Howden Joinery Group in a research note on Thursday, November 7th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of GBX 951.50 ($12.09).

Howden Joinery Group Price Performance

Shares of HWDN stock traded down GBX 4.50 ($0.06) during mid-day trading on Thursday, hitting GBX 838 ($10.65). 788,897 shares of the stock traded hands, compared to its average volume of 1,957,143. Howden Joinery Group has a twelve month low of GBX 729.80 ($9.27) and a twelve month high of GBX 982.50 ($12.48). 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 company's 50-day simple moving average is GBX 862.72 and its 200-day simple moving average is GBX 895.30. The firm has a market cap of £4.61 billion, a price-to-earnings ratio of 1,827.17, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07.

Insider Activity at Howden Joinery Group

In other Howden Joinery Group news, insider Suzy Neubert purchased 7,305 shares of the company's stock in a transaction that occurred on Tuesday, November 12th. The stock was acquired at an average cost of GBX 821 ($10.43) per share, with a total value of £59,974.05 ($76,205.91). Insiders acquired 7,361 shares of company stock valued at $6,047,196 over the last ninety days. 0.47% of the stock is owned by insiders.

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.