JPMorgan Chase & Co. Reiterates "Neutral" Rating for Howden Joinery Group (LON:HWDN)

Key Points

• JPMorgan Chase & Co. has maintained its "neutral" rating for Howden Joinery Group (LON:HWDN) in a recent research note.
• Analysts have mixed opinions on the stock with one "Buy" rating and two "Hold" ratings, while the average price target is approximately GBX 919.67.
• Howden Joinery Group's stock price is currently at GBX 837, reflecting a slight increase of 0.4% and a market capitalization of £4.54 billion.

Howden Joinery Group (LON:HWDN - Get Free Report)'s stock had its "neutral" rating restated by investment analysts at JPMorgan Chase & Co. in a research note issued on Friday,Digital Look reports.

Several other research firms have also recently weighed in on HWDN. Berenberg Bank restated a "buy" rating and issued a GBX 975 price objective on shares of Howden Joinery Group in a research report on Monday, September 8th. Citigroup increased their price objective on Howden Joinery Group from GBX 855 to GBX 900 and gave the company a "neutral" rating in a research report on Friday, July 25th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Howden Joinery Group presently has an average rating of "Hold" and an average price target of GBX 919.67.

Howden Joinery Group Stock Up 0.4%

Shares of HWDN opened at GBX 837 on Friday. The company has a market capitalization of £4.54 billion, a P/E ratio of 1,807.78, a PEG ratio of 1.96 and a beta of 1.07. Howden Joinery Group has a one year low of GBX 647.10 and a one year high of GBX 951.47. The business's 50 day simple moving average is GBX 853.73 and its 200-day simple moving average is GBX 817.41. The company has a debt-to-equity ratio of 60.20, a current ratio of 1.99 and a quick ratio of 0.94.

Howden Joinery Group (LON:HWDN - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The company reported GBX 16.40 earnings per share (EPS) for the quarter. Howden Joinery Group had a return on equity of 25.70% and a net margin of 10.82%. As a group, sell-side analysts predict that Howden Joinery Group will post 52.8073286 EPS for the current fiscal year.

Howden Joinery Group Company Profile

Howden Joinery Group Plc is the parent company of Howdens. Howdens sells kitchens and joinery products to trade customers, primarily small local builders, through a network of over 850 UK depots. The business also operates over 70 depots across France, the Republic of Ireland, and Belgium. Howdens only sells to the trade - they have the expertise to ensure that our products are fitted to the highest possible standards.

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