Howden Joinery Group’s (HWDN) “Buy” Rating Reaffirmed at Liberum Capital

Howden Joinery Group (LON:HWDN)‘s stock had its “buy” rating reiterated by stock analysts at Liberum Capital in a research note issued on Wednesday, October 3rd.

Other equities analysts also recently issued reports about the company. Canaccord Genuity reiterated a “hold” rating and issued a GBX 525 ($6.86) price target on shares of Howden Joinery Group in a research note on Monday, September 3rd. Berenberg Bank raised their target price on shares of Howden Joinery Group from GBX 500 ($6.53) to GBX 520 ($6.79) and gave the stock a “hold” rating in a report on Tuesday, August 28th. Peel Hunt raised their target price on shares of Howden Joinery Group from GBX 470 ($6.14) to GBX 510 ($6.66) and gave the stock a “hold” rating in a report on Thursday, July 26th. UBS Group reissued a “buy” rating and issued a GBX 525 ($6.86) target price (up previously from GBX 520 ($6.79)) on shares of Howden Joinery Group in a report on Friday, July 27th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Howden Joinery Group in a report on Thursday, July 26th. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Howden Joinery Group has an average rating of “Hold” and an average price target of GBX 511.45 ($6.68).

Shares of LON HWDN opened at GBX 441 ($5.76) on Wednesday. Howden Joinery Group has a 12-month low of GBX 282 ($3.68) and a 12-month high of GBX 596.70 ($7.80).

Howden Joinery Group (LON:HWDN) last announced its earnings results on Thursday, July 26th. The company reported GBX 8.90 ($0.12) earnings per share for the quarter. Howden Joinery Group had a return on equity of 57.71% and a net margin of 15.62%.

In related news, insider Robert Fenwick sold 70,000 shares of the business’s stock in a transaction that occurred on Monday, August 6th. The stock was sold at an average price of GBX 465 ($6.08), for a total transaction of £325,500 ($425,323.40).

About Howden Joinery Group

Howden Joinery Group Plc manufactures, distributes, and sells 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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