Howden Joinery Group (LON:HWDN) Given New GBX 600 Price Target at JPMorgan Chase & Co.
Howden Joinery Group (LON:HWDN) had its price target boosted by JPMorgan Chase & Co. from GBX 510 ($6.71) to GBX 600 ($7.89) in a research report sent to investors on Friday morning, Stock Target Advisor reports. The firm currently has a neutral rating on the stock.
A number of other research analysts also recently issued reports on HWDN. Berenberg Bank upped their target price on shares of Howden Joinery Group from GBX 520 ($6.84) to GBX 630 ($8.29) and gave the company a hold rating in a research report on Friday, January 24th. Shore Capital reiterated a buy rating on shares of Howden Joinery Group in a research report on Thursday. UBS Group reiterated a buy rating on shares of Howden Joinery Group in a research report on Friday, February 21st. Liberum Capital reiterated a hold rating on shares of Howden Joinery Group in a research report on Thursday. Finally, Peel Hunt reiterated a hold rating on shares of Howden Joinery Group in a research report on Monday, February 24th. Seven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of GBX 614.88 ($8.09).
Howden Joinery Group stock traded down GBX 24.80 ($0.33) during trading hours on Friday, reaching GBX 636 ($8.37). 3,700,593 shares of the company’s stock traded hands, compared to its average volume of 3,230,000. Howden Joinery Group has a fifty-two week low of GBX 477.50 ($6.28) and a fifty-two week high of GBX 736.80 ($9.69). The firm has a market capitalization of $3.81 billion and a price-to-earnings ratio of 19.51. The firm’s 50 day moving average is GBX 698.70 and its 200-day moving average is GBX 616.88.
In other Howden Joinery Group news, insider Louise Fowler bought 470 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was acquired at an average cost of GBX 638 ($8.39) per share, with a total value of £2,998.60 ($3,944.49).
Howden Joinery Group Company Profile
Howden Joinery Group Plc engages in the manufacture, sourcing, sale, and distribution of kitchens and joinery products in the United Kingdom, France, Belgium, the Netherlands, and Germany. The company offers kitchen cabinets, doors and worktops, breakfast bars, ovens, dishwashers, fridge-freezers, built-under fridges, frontals, sinks, taps, flooring, hardware products, lighting products, joinery doors, and skirting and architrave products.
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