Liberum Capital Reaffirms “Buy” Rating for Howden Joinery Group (HWDN)

Howden Joinery Group (LON:HWDN)‘s stock had its “buy” rating restated by investment analysts at Liberum Capital in a research note issued to investors on Thursday, Digital Look reports. They presently have a GBX 580 ($7.58) price objective on the stock. Liberum Capital’s target price suggests a potential upside of 9.77% from the company’s current price.

Several other equities analysts also recently weighed in on HWDN. Numis Securities upgraded Howden Joinery Group to an “add” rating and raised their target price for the company from GBX 512 ($6.69) to GBX 575 ($7.51) in a research report on Monday, April 8th. Peel Hunt restated a “hold” rating on shares of Howden Joinery Group in a research report on Thursday, February 28th. Canaccord Genuity restated a “hold” rating and issued a GBX 495 ($6.47) target price on shares of Howden Joinery Group in a research report on Thursday, February 28th. UBS Group restated a “buy” rating on shares of Howden Joinery Group in a research report on Wednesday, January 2nd. Finally, Shore Capital restated a “buy” rating on shares of Howden Joinery Group in a research report on Thursday, February 28th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 538.33 ($7.03).

Shares of HWDN stock opened at GBX 528.40 ($6.90) on Thursday. The company has a market cap of $3.20 billion and a price-to-earnings ratio of 16.94. Howden Joinery Group has a 12-month low of GBX 412.40 ($5.39) and a 12-month high of GBX 541.80 ($7.08).

In related news, insider Mark Robson purchased 5,746 shares of the business’s stock in a transaction that occurred on Tuesday, March 26th. The stock was purchased at an average price of GBX 484 ($6.32) per share, with a total value of £27,810.64 ($36,339.53). Also, insider Andrew Livingston sold 32,683 shares of the stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of GBX 486 ($6.35), for a total value of £158,839.38 ($207,551.78).

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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Analyst Recommendations for Howden Joinery Group (LON:HWDN)

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