Howden Joinery Group Plc (HWDN) Stock Rating Reaffirmed by Canaccord Genuity

Howden Joinery Group Plc (LON:HWDN)‘s stock had its “buy” rating reiterated by Canaccord Genuity in a note issued to investors on Thursday. They currently have a GBX 500 ($6.60) target price on the stock. Canaccord Genuity’s price target points to a potential upside of 6.63% from the stock’s current price.

A number of other research analysts also recently issued reports on the stock. Liberum Capital restated a “buy” rating and issued a GBX 506 ($6.68) price target on shares of Howden Joinery Group Plc in a research report on Friday, July 7th. Peel Hunt restated a “hold” rating and issued a GBX 445 ($5.87) price target on shares of Howden Joinery Group Plc in a research report on Thursday, July 20th. Beaufort Securities restated a “hold” rating and issued a GBX 425 ($5.61) price target on shares of Howden Joinery Group Plc in a research report on Friday, July 21st. Shore Capital initiated coverage on shares of Howden Joinery Group Plc in a research report on Thursday, July 13th. They issued a “buy” rating on the stock. Finally, Jefferies Group LLC raised their price target on shares of Howden Joinery Group Plc from GBX 470 ($6.20) to GBX 480 ($6.33) and gave the stock a “hold” rating in a research report on Tuesday, July 25th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Howden Joinery Group Plc has an average rating of “Buy” and an average price target of GBX 457.45 ($6.04).

Howden Joinery Group Plc (HWDN) traded up GBX 14.80 ($0.20) during midday trading on Thursday, reaching GBX 468.90 ($6.19). 5,660,419 shares of the company’s stock were exchanged, compared to its average volume of 2,670,000. Howden Joinery Group Plc has a 12-month low of GBX 344.98 ($4.55) and a 12-month high of GBX 479.50 ($6.33).

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About Howden Joinery Group Plc

Howden Joinery Group Plc is a manufacturer and supplier of fitted kitchens, appliances and joinery products. The Company is engaged in the sale of kitchens and joinery products, along with the associated manufacture, sourcing and distribution of these products. It offers products in categories, such as kitchen collection, including inclusive cabinets, accessories, handles and taps; appliance collection, including ovens, hobs, extractors, refrigeration, dishwashers, laundry; doors and joinery collection, including internal doors, sliding wardrobe doors, external doors, door frames, linings and casings, and moldings; hardware collection, including door handles, door furniture, door security, and tools and accessories; flooring collections, including laminate flooring and accessories, and bathroom cabinet collection, including bathroom accessories, bathroom handles and bathroom worktops.

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