Howden Joinery Group (LON:HWDN – Get Free Report) was downgraded by research analysts at Citigroup to a “neutral” rating in a note issued to investors on Friday, Digital Look reports. They presently have a GBX 865 ($10.97) target price on the stock. Citigroup’s price objective points to a potential upside of 2.22% from the stock’s previous close.
A number of other equities research analysts also recently weighed in on HWDN. Berenberg Bank reduced their price target on shares of Howden Joinery Group from GBX 870 ($11.04) to GBX 835 ($10.59) and set a “buy” rating on the stock in a research note on Thursday, November 2nd. Canaccord Genuity Group cut their target price on shares of Howden Joinery Group from GBX 870 ($11.04) to GBX 835 ($10.59) and set a “buy” rating on the stock in a research report on Thursday, November 2nd. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, Howden Joinery Group presently has an average rating of “Moderate Buy” and a consensus price target of GBX 818 ($10.38).
Read Our Latest Stock Analysis on HWDN
Howden Joinery Group Stock Performance
Shares of HWDN traded up GBX 19.20 ($0.24) during trading hours on Friday, hitting GBX 846.20 ($10.73). The company had a trading volume of 2,523,123 shares, compared to its average volume of 1,223,043. The firm has a market cap of £4.64 billion, a price-to-earnings ratio of 1,387.21, a PEG ratio of 1.40 and a beta of 1.00. The business has a fifty day moving average of GBX 792.77 and a 200-day moving average of GBX 739.32. Howden Joinery Group has a 12 month low of GBX 605 ($7.67) and a 12 month high of GBX 849 ($10.77). The company has a quick ratio of 0.94, a current ratio of 1.76 and a debt-to-equity ratio of 75.88.
Howden Joinery Group Company Profile
Howden Joinery Group Plc manufactures and distributes various kitchens, joinery, and hardware products in the United Kingdom, France, Ireland, and Belgium. It offers 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.
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