Zacks Investment Research upgraded shares of Howden Joinery Group (OTCMKTS:HWDJY) from a hold rating to a buy rating in a research report sent to investors on Wednesday, Zacks.com reports. The brokerage currently has $55.00 price target on the stock.
According to Zacks, “Howden Joinery Group Plc is involved in the manufacture, sale and distribution of kitchens and joinery products. It offers kitchen cabinets and frontals, doors and worktops and breakfast bars; appliances. The company operates primarily in the United Kingdom, France, Belgium, the Netherlands and Germany. Howden Joinery Group Plc is headquartered in London, the United Kingdom. “
Howden Joinery Group stock opened at $48.93 on Wednesday. The firm has a 50 day moving average of $51.47 and a 200 day moving average of $48.56. Howden Joinery Group has a 12-month low of $48.93 and a 12-month high of $50.49. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.85 and a quick ratio of 1.31.
About Howden Joinery Group
Howden Joinery Group Plc is engaged in the sale of kitchens and joinery products to local builders and trade professionals. It also involves in the manufacture, sourcing and distribution of these products. The company was founded by Matthew Ingle in October 1995 and is headquartered in London, the United Kingdom.
Read More: How to interpret the current ratio
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Howden Joinery Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Howden Joinery Group and related companies with MarketBeat.com's FREE daily email newsletter.