Howden Joinery Group Plc (LON:HWDN) Receives Average Recommendation of “Hold” from Brokerages
Shares of Howden Joinery Group Plc (LON:HWDN) have earned an average rating of “Hold” from the thirteen brokerages that are presently covering the firm. Nine analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is GBX 481.10 ($6.28).
HWDN has been the subject of several research reports. Goodbody lowered Howden Joinery Group Plc to a “hold” rating in a research report on Friday, September 9th. Peel Hunt reissued an “add” rating and issued a GBX 535 ($6.98) target price on shares of Howden Joinery Group Plc in a research report on Thursday, July 21st. Canaccord Genuity restated a “hold” rating and issued a GBX 405 ($5.29) price target on shares of Howden Joinery Group Plc in a research note on Monday, July 18th. Goldman Sachs Group Inc. restated a “neutral” rating and issued a GBX 376 ($4.91) price target on shares of Howden Joinery Group Plc in a research note on Tuesday, June 28th. Finally, JPMorgan Chase & Co. cut their price target on Howden Joinery Group Plc from GBX 570 ($7.44) to GBX 390 ($5.09) and set a “neutral” rating on the stock in a research note on Friday, July 1st.
Shares of Howden Joinery Group Plc (LON:HWDN) traded up 0.56% during mid-day trading on Monday, hitting GBX 430.90. The company’s stock had a trading volume of 2,465,247 shares. Howden Joinery Group Plc has a 52-week low of GBX 339.70 and a 52-week high of GBX 538.50. The stock’s 50 day moving average price is GBX 443.43 and its 200 day moving average price is GBX 456.88. The company’s market cap is GBX 2.73 billion.
The company also recently declared a dividend, which will be paid on Friday, November 18th. Stockholders of record on Thursday, October 20th will be paid a GBX 3.30 ($0.04) dividend. The ex-dividend date is Thursday, October 20th. This represents a dividend yield of 0.76%.
In other news, insider Robson,Mark purchased 23,332 shares of the company’s stock in a transaction dated Tuesday, July 12th. The shares were purchased at an average cost of GBX 402 ($5.25) per share, for a total transaction of £93,794.64 ($122,431.33).
About Howden Joinery Group Plc
Howden Joinery Group Plc is engaged in the sale of kitchens and joinery products, along with the associated manufacture, sourcing and distribution of these products. The Company offers products in categories, such as kitchen collection, including inclusive kitchens, cabinets, kitchen accessories, kitchen handles and kitchen taps; appliance collection, including ovens, hobs, extractors, refrigeration, dishwashers, laundry, Bosch appliances and Leisure appliances; 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 flooring accessories, and bathroom cabinet collection, including bathroom accessories, bathroom handles and bathroom worktops.
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