HWDN Howden Joinery
<b>UPGRADE…Howden Joinery Group Plc PT Raised to GBX 570 (HWDN)
November 6th, 2015.</b>
Howden Joinery Group Plc (LON:HWDN) had its target price raised by analysts at JPMorgan Chase & Co. from GBX 560 ($8.64) to GBX 570 ($8.79) in a research report issued to clients and investors on Thursday, MarketBeat.com reports. The firm currently has an ?overweight? rating on the stock. JPMorgan Chase & Co.?s price target points to a potential upside of 16.02% from the stock?s current price.
Howden Joinery Group Plc (LON:HWDN) opened at 491.30 on Thursday. The firm?s 50-day moving average price is GBX 471.71 and its 200-day moving average price is GBX 489.75. Howden Joinery Group Plc has a 12 month low of GBX 362.80 and a 12 month high of GBX 532.00.
Other equities analysts have also recently issued reports about the company. Numis Securities Ltd reaffirmed an ?add? rating and set a GBX 515 ($7.95) price target on shares of Howden Joinery Group Plc in a report on Friday, July 24th. Goodbody Stockbrokers Ltd reiterated a ?buy? rating on shares of Howden Joinery Group Plc in a research report on Friday, October 30th. Beaufort Securities restated a ?buy? rating on shares of Howden Joinery Group Plc in a research report on Wednesday, July 8th. Panmure Gordon lifted their target price on Howden Joinery Group Plc from GBX 490 ($7.56) to GBX 570 ($8.79) and gave the stock a ?buy? rating in a report on Thursday, July 23rd. Finally, Berenberg Bank lifted their price target on Howden Joinery Group Plc from GBX 530 ($8.18) to GBX 570 ($8.79) and gave the company a ?buy? rating in a research note on Friday, August 21st. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Howden Joinery Group Plc has a consensus rating of ?Buy? and a consensus price target of GBX 537.27 ($8.29).
Howden Joinery Group Plc is engaged in the production, distribution and sourcing of kitchens and joinery to trade customers. The Business offers products, including kitchen frontals, worktops, flooring and breakfast bars, cabinets and painted skirting boards. The Organization manages approximately 589 depots, which are around 10,000 square feet in size, in industrial locations. The Business sold about 3.8 million cabinets, 2.3 million joinery doors, over 2 million square feet of flooring, 870,000 worktops and breakfast bars. The Organization has operationsin Belgium, France and Great Britain.