Howden Joinery Group (LON:HWDN) Earns “Buy” Rating from Shore Capital
Shore Capital reiterated their buy rating on shares of Howden Joinery Group (LON:HWDN) in a research report released on Thursday morning, ThisIsMoney.Co.Uk reports.
HWDN has been the topic of a number of other reports. Peel Hunt cut their price objective on Abcam from GBX 1,550 ($20.25) to GBX 1,430 ($18.69) and set an add rating on the stock in a report on Monday, July 22nd. Canaccord Genuity set a $394.00 price objective on Tesla and gave the company a buy rating in a report on Wednesday, July 3rd. Liberum Capital reissued a buy rating on shares of Burford Capital in a report on Thursday. JPMorgan Chase & Co. reissued a neutral rating on shares of Anglo American in a report on Wednesday, May 15th. Finally, Numis Securities raised Howden Joinery Group to an add rating and increased their price objective for the company from GBX 512 ($6.69) to GBX 575 ($7.51) in a report on Monday, April 8th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Howden Joinery Group has an average rating of Hold and a consensus price target of GBX 532.86 ($6.96).
Shares of HWDN stock opened at GBX 567 ($7.41) on Thursday. The company has a 50-day moving average price of GBX 501.85. The firm has a market capitalization of $3.40 billion and a price-to-earnings ratio of 18.17. Howden Joinery Group has a fifty-two week low of GBX 412.40 ($5.39) and a fifty-two week high of GBX 532.60 ($6.96).
In related news, insider Karen Caddick bought 3,000 shares of the stock in a transaction dated Friday, May 3rd. The shares were purchased at an average price of GBX 518 ($6.77) per share, for a total transaction of £15,540 ($20,305.76).
Howden Joinery Group Company Profile
Howden Joinery Group Plc engages in the manufacture, sourcing, sale, and distribution of 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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