N+1 Singer Reiterates Buy Rating for Howden Joinery Group Plc (HWDN)
Howden Joinery Group Plc (LON:HWDN)‘s stock had its “buy” rating restated by research analysts at N+1 Singer in a report released on Thursday. They currently have a GBX 415 ($7.09) target price on the stock. N+1 Singer’s target price suggests a potential upside of 13.73% from the stock’s previous close.
Shares of Howden Joinery Group Plc (LON:HWDN) traded up 17.11% during mid-day trading on Thursday, hitting GBX 364.90. The stock had a trading volume of 7,358,624 shares. Howden Joinery Group Plc has a 52-week low of GBX 265.60 and a 52-week high of GBX 392.10. The stock’s 50-day moving average is GBX 311.7 and its 200-day moving average is GBX 341.2.
The company also recently announced a dividend, which is scheduled for Friday, November 21st. Stockholders of record on Thursday, October 23rd will be paid a dividend of GBX 1.90 ($0.03) per share. This represents a dividend yield of 0.52%. The ex-dividend date is Thursday, October 23rd.
Other equities research analysts have also recently issued reports about the stock. Analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of Howden Joinery Group Plc in a research note on Wednesday. They now have a GBX 480 ($8.20) price target on the stock. Separately, analysts at Berenberg Bank initiated coverage on shares of Howden Joinery Group Plc in a research note on Friday, July 18th. They set a “buy” rating and a GBX 390 ($6.66) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Howden Joinery Group Plc in a research note on Thursday, July 3rd. They now have a GBX 385 ($6.58) price target on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of GBX 391.30 ($6.69).
Howden Joinery Group Plc, along with its subsidiaries, is engaged in the sale of kitchens and joinery products, along with the associated procurement, manufacture and distribution of these products.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.