Howden Joinery Group (LON:HWDN) Stock Rating Reaffirmed by Peel Hunt

Howden Joinery Group (LON:HWDN)‘s stock had its “hold” rating reiterated by analysts at Peel Hunt in a report released on Friday, ThisIsMoney.Co.Uk reports.

Several other research analysts have also recently issued reports on the company. JPMorgan Chase & Co. increased their price objective on Howden Joinery Group from GBX 460 ($6.01) to GBX 480 ($6.27) and gave the stock a “neutral” rating in a research note on Wednesday, May 15th. UBS Group reissued a “buy” rating and issued a GBX 570 ($7.45) price objective on shares of Howden Joinery Group in a research note on Thursday, May 2nd. Shore Capital reissued a “buy” rating on shares of Howden Joinery Group in a research note on Thursday, May 2nd. Liberum Capital reissued a “buy” rating and issued a GBX 580 ($7.58) price objective on shares of Howden Joinery Group in a research note on Thursday, May 2nd. Finally, Numis Securities raised Howden Joinery Group to an “add” rating and increased their price objective for the stock from GBX 512 ($6.69) to GBX 575 ($7.51) in a research note on Monday, April 8th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of GBX 530 ($6.93).

Shares of LON:HWDN opened at GBX 499.10 ($6.52) on Friday. Howden Joinery Group has a 52-week low of GBX 412.40 ($5.39) and a 52-week high of GBX 541.80 ($7.08). The company has a market capitalization of $3.00 billion and a P/E ratio of 16.00.

In related news, insider Mark Robson bought 5,746 shares of the company’s stock in a transaction on Tuesday, March 26th. The shares were acquired at an average price of GBX 484 ($6.32) per share, with a total value of £27,810.64 ($36,339.53). Also, insider Karen Caddick bought 3,000 shares of the company’s stock in a transaction on Friday, May 3rd. The shares were bought at an average cost of GBX 518 ($6.77) per share, for a total transaction of £15,540 ($20,305.76).

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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