Howden Joinery Group Plc (HWDN) Receives Consensus Recommendation of “Hold” from Brokerages
Howden Joinery Group Plc (LON:HWDN) has received a consensus rating of “Hold” from the twelve ratings firms that are presently covering the company. Nine research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 426.89 ($5.55).
Several equities research analysts recently weighed in on the stock. Liberum Capital restated a “buy” rating and issued a GBX 506 ($6.58) price target on shares of Howden Joinery Group Plc in a research report on Thursday, April 27th. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 440 ($5.72) price target on shares of Howden Joinery Group Plc in a research report on Friday, April 28th. Peel Hunt cut shares of Howden Joinery Group Plc to a “hold” rating and set a GBX 430 ($5.59) price target on the stock. in a research report on Thursday, February 23rd. N+1 Singer restated a “hold” rating and issued a GBX 380 ($4.94) price target on shares of Howden Joinery Group Plc in a research report on Thursday, February 23rd. Finally, Beaufort Securities cut shares of Howden Joinery Group Plc to a “hold” rating in a research report on Friday, February 24th.
Howden Joinery Group Plc (LON:HWDN) traded down 1.46% during trading on Tuesday, hitting GBX 459.20. 2,498,467 shares of the company traded hands. The stock’s market capitalization is GBX 2.89 billion. The company’s 50 day moving average is GBX 456.97 and its 200-day moving average is GBX 407.26. Howden Joinery Group Plc has a 52 week low of GBX 339.70 and a 52 week high of GBX 516.50.
The firm also recently disclosed a dividend, which will be paid on Friday, June 16th. Investors of record on Thursday, May 18th will be paid a GBX 7.40 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, May 18th. This is a positive change from Howden Joinery Group Plc’s previous dividend of $3.30. This represents a yield of 1.73%.
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In related news, insider Matthew Ingle sold 213,399 shares of the company’s stock in a transaction dated Monday, March 27th. The shares were sold at an average price of GBX 430 ($5.59), for a total value of £917,615.70 ($1,193,724.08). Also, insider Mark Robson sold 1,200,000 shares of the company’s stock in a transaction dated Thursday, March 16th. The stock was sold at an average price of GBX 425 ($5.53), for a total transaction of £5,100,000 ($6,634,577.86).
Howden Joinery Group Plc Company Profile
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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