What's Propelling HWDN?



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What?s Propelling Howden Joinery Group Plc to Reach All-Time High?

The stock of Howden Joinery Group Plc (LON:HWDN) reached all time high today, Dec, 3 and still has GBX 648.59 target or 22.00% above today?s GBX 531.63 share price. This indicates more upside for the GBX 3.45 billion company. This technical setup was reported by If the GBX 648.59 PT is reached, the company will be worth GBX 759.00 million more.

Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. The stock increased 0.88% or GBX 4.63 on December 2, hitting GBX 531.63. About 1.50M shares traded hands. Howden Joinery Group Plc (LON:HWDN) has risen 14.14% since May 6, 2015 and is uptrending. It has outperformed by 14.34% the S&P500.

Out of 13 analysts covering Howden Joinery (LON:HWDN), 11 rate it ?Buy?, 0 ?Sell?, while 2 ?Hold?. This means 85% are positive. GBX 600 is the highest target while GBX 500 is the lowest. The GBX 552 average target is 3.83% above today?s (GBX 531.63) stock price. Howden Joinery was the topic in 27 analyst reports since July 23, 2015 according to StockzIntelligence Inc. UBS maintained the stock on November 24 with ?Buy? rating.