Howden Joinery Group (LON:HWDN) Receives Overweight Rating from Barclays

Howden Joinery Group (LON:HWDN - Get Free Report)'s stock had its "overweight" rating restated by analysts at Barclays in a report released on Wednesday, MarketBeat.com reports. They presently have a GBX 1,010 ($12.69) target price on the stock. Barclays's price target would indicate a potential upside of 17.85% from the company's previous close.

A number of other analysts have also recently weighed in on HWDN. Royal Bank of Canada reaffirmed an "outperform" rating and issued a GBX 920 ($11.56) price target on shares of Howden Joinery Group in a research report on Friday, April 12th. Berenberg Bank reiterated a "buy" rating and issued a GBX 930 ($11.68) price objective on shares of Howden Joinery Group in a research note on Tuesday, March 5th. JPMorgan Chase & Co. lifted their price objective on Howden Joinery Group from GBX 670 ($8.42) to GBX 680 ($8.54) and gave the stock a "neutral" rating in a research note on Tuesday, March 5th. Finally, Citigroup lowered Howden Joinery Group to a "neutral" rating and set a GBX 865 ($10.87) price objective on the stock. in a research note on Friday, March 1st. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of GBX 856.43 ($10.76).

Howden Joinery Group Stock Down 2.2 %

Shares of LON:HWDN traded down GBX 19 ($0.24) on Wednesday, reaching GBX 857 ($10.76). The company had a trading volume of 515,341 shares, compared to its average volume of 1,389,912. Howden Joinery Group has a twelve month low of GBX 605 ($7.60) and a twelve month high of GBX 910 ($11.43). The stock has a 50-day moving average price of GBX 863.22 and a 200 day moving average price of GBX 785.35. The stock has a market capitalization of £4.70 billion, a P/E ratio of 1,863.04, a P/E/G ratio of 2.01 and a beta of 1.01. The company has a quick ratio of 0.94, a current ratio of 1.92 and a debt-to-equity ratio of 75.88.

Insider Activity at Howden Joinery Group

In related news, insider Andrew Livingston acquired 18 shares of the stock in a transaction dated Tuesday, March 19th. The shares were bought at an average cost of £153.09 ($192.30) per share, for a total transaction of £2,755.62 ($3,461.40). In other Howden Joinery Group news, insider Andrew Livingston bought 18 shares of Howden Joinery Group stock in a transaction dated Tuesday, March 19th. The shares were acquired at an average cost of £153.09 ($192.30) per share, with a total value of £2,755.62 ($3,461.40). Also, insider Paul Hayes bought 3,964 shares of Howden Joinery Group stock in a transaction dated Tuesday, March 26th. The stock was acquired at an average cost of GBX 869 ($10.92) per share, for a total transaction of £34,447.16 ($43,269.89). Insiders have bought 4,213 shares of company stock worth $3,915,178 over the last three months. Company insiders own 0.55% of the company's stock.

About Howden Joinery Group

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.