Howden Joinery Group Plc Price Target Increased to GBX 420 by Analysts at Berenberg Bank (HWDN)
Research analysts at Berenberg Bank raised their target price on shares of Howden Joinery Group Plc (LON:HWDN) from GBX 390 ($6.52) to GBX 420 ($7.02) in a report released on Friday. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price objective would suggest a potential upside of 19.01% from the company’s current price.
Shares of Howden Joinery Group Plc (LON:HWDN) traded up 0.37% on Friday, hitting GBX 354.20. 254,017 shares of the company’s stock traded hands. Howden Joinery Group Plc has a 1-year low of GBX 271.00 and a 1-year high of GBX 392.10. The stock’s 50-day moving average is GBX 329.1 and its 200-day moving average is GBX 341.5.
The company also recently announced a dividend, which is scheduled for Friday, November 21st. Shareholders 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.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Howden Joinery Group Plc in a research note on Friday. They now have a GBX 420 ($7.02) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Howden Joinery Group Plc in a research note on Tuesday, August 5th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the company. Howden Joinery Group Plc presently has a consensus rating of “Buy” and a consensus target price of GBX 393.30 ($6.57).
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.
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