JPMorgan Chase & Co. Boosts Howden Joinery Group (LON:HWDN) Price Target to GBX 849

Howden Joinery Group (LON:HWDN) had its price objective upped by JPMorgan Chase & Co. from GBX 680 ($8.64) to GBX 849 ($10.79) in a report released on Thursday,Digital Look reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 1.01% from the stock’s previous close.

A number of other equities analysts have also commented on the stock. Berenberg Bank restated a “buy” rating and issued a GBX 975 ($12.39) price target on shares of Howden Joinery Group in a research report on Thursday, November 7th. Jefferies Financial Group boosted their target price on shares of Howden Joinery Group from GBX 1,042 ($13.24) to GBX 1,090 ($13.85) and gave the stock a “buy” rating in a research note on Tuesday, August 20th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 951.50 ($12.09).

Howden Joinery Group Price Performance

Shares of Howden Joinery Group stock opened at GBX 840.50 ($10.68) on Thursday. The firm has a fifty day simple moving average of GBX 862.72 and a 200-day simple moving average of GBX 895.30. The company has a current ratio of 1.99, a quick ratio of 0.94 and a debt-to-equity ratio of 75.88. Howden Joinery Group has a 1-year low of GBX 729.80 ($9.27) and a 1-year high of GBX 982.50 ($12.48). The stock has a market capitalization of £4.62 billion, a price-to-earnings ratio of 1,827.17, a PEG ratio of 1.96 and a beta of 1.07.

Insider Activity at Howden Joinery Group

In related news, insider Suzy Neubert purchased 7,305 shares of Howden Joinery Group stock in a transaction dated Tuesday, November 12th. The stock was bought at an average price of GBX 821 ($10.43) per share, for a total transaction of £59,974.05 ($76,205.91). Over the last 90 days, insiders bought 7,361 shares of company stock worth $6,047,196. 0.47% of the stock is currently owned by company insiders.

Howden Joinery Group Company Profile

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.