Howden Joinery (LON:HWDN) Rating Reaffirmed
In an interesting research report released this morning, Beaufort Securities reconfirmed their Buy rating on Howden Joinery (LON:HWDN) shares. The target PPS could mean a possible upside of 23.87% from firm’s previous stock close.
From a total of 13 analysts covering Howden Joinery (LON:HWDN) stock, 11 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 85% of the ratings are positive. The highest target price is GBX 600 while the lowest target price is GBX 500. The mean of all analyst targets is GBX 552 with a 5.34% above today’s (GBX 524) stock price. Howden Joinery was the topic of 27 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. UBS maintained shares on November 24 with “Buy” rating. Peel Hunt upgraded shares to “Buy” rating and GBX 535 target share price in a report from a November 5. Davy Research maintained HWDN stock in a recent report from November 6 with “Outperform” rating. Liberum Capital maintained the rating on November 5. Liberum Capital has a “Buy” rating and a GBX 540 price target on shares. Finally, JP Morgan maintained the stock with “Overweight” rating in a report issued on a November 6.
Approximately 722,384 shares of stock traded hands. Howden Joinery Group Plc (LON:HWDN) has risen 12.08% since May 7, 2015 and is uptrending. It has outperformed by 14.86% the S&P500.
Howden Joinery Group Plc is engaged in the manufacture, sourcing and distribution of kitchens and joinery to trade customers. The company has a market cap of 3.37 billion GBP. The Firm offers products, such as cabinets, flooring, worktops and breakfast bars, kitchen frontals and painted skirting boards. It has 22.36 P/E ratio. The Firm operates approximately 589 depots, which are around 10,000 square feet in size, in industrial locations.