Shares of Jeld-Wen Holding Inc (NYSE:JELD) have been assigned an average rating of “Buy” from the seventeen ratings firms that are covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $39.85.
A number of equities research analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Jeld-Wen from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a report on Monday, October 23rd. B. Riley lifted their price objective on shares of Jeld-Wen from $33.00 to $38.00 and gave the company a “neutral” rating in a report on Wednesday, November 15th. Credit Suisse Group reiterated an “outperform” rating and set a $47.00 price objective (up previously from $41.00) on shares of Jeld-Wen in a report on Monday, January 22nd. They noted that the move was a valuation call. Robert W. Baird reiterated a “buy” rating and set a $46.00 price objective on shares of Jeld-Wen in a report on Tuesday, January 9th. Finally, Barclays set a $44.00 price objective on shares of Jeld-Wen and gave the company a “buy” rating in a report on Monday, January 8th.
Jeld-Wen (JELD) opened at $37.48 on Tuesday. Jeld-Wen has a 52 week low of $27.61 and a 52 week high of $42.27. The company has a current ratio of 1.93, a quick ratio of 1.28 and a debt-to-equity ratio of 1.40.
Several large investors have recently bought and sold shares of JELD. Quantbot Technologies LP bought a new stake in shares of Jeld-Wen in the 3rd quarter valued at about $110,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Jeld-Wen by 331.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,522 shares of the company’s stock valued at $139,000 after purchasing an additional 2,706 shares in the last quarter. Strs Ohio bought a new stake in shares of Jeld-Wen in the 4th quarter valued at about $149,000. Virtu Financial LLC bought a new stake in shares of Jeld-Wen in the 4th quarter valued at about $205,000. Finally, Breton Hill Capital Ltd. bought a new stake in shares of Jeld-Wen in the 3rd quarter valued at about $208,000. Institutional investors and hedge funds own 41.46% of the company’s stock.
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JELD-WEN Holding, Inc is a door and window manufacturer. The Company designs, produces and distributes a range of interior and exterior doors, wood, vinyl and aluminum windows, and related products for use in the new construction and repair and remodeling, of residential homes, and to an extent, non-residential buildings.
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