Howden Joinery Group Plc (LON:HWDN) Given Average Rating of “Hold” by Brokerages
Howden Joinery Group Plc (LON:HWDN) has received a consensus recommendation of “Hold” from the thirteen ratings firms that are presently covering the firm, MarketBeat reports. Seven analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 453.60 ($5.91).
HWDN has been the subject of several analyst reports. Jefferies Group LLC raised their price objective on Howden Joinery Group Plc from GBX 380 ($4.95) to GBX 470 ($6.12) and gave the company a “hold” rating in a report on Monday, June 26th. Liberum Capital restated a “buy” rating and issued a GBX 506 ($6.59) price objective on shares of Howden Joinery Group Plc in a report on Thursday, April 27th. Peel Hunt raised their price objective on Howden Joinery Group Plc from GBX 430 ($5.60) to GBX 445 ($5.80) and gave the company a “hold” rating in a report on Monday, June 19th. Beaufort Securities restated a “hold” rating and issued a GBX 425 ($5.53) price objective on shares of Howden Joinery Group Plc in a report on Friday, July 21st. Finally, Canaccord Genuity restated a “buy” rating and issued a GBX 500 ($6.51) price objective on shares of Howden Joinery Group Plc in a report on Thursday, July 20th.
In other Howden Joinery Group Plc news, insider Matthew Ingle sold 270,000 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of GBX 428 ($5.57), for a total transaction of £1,155,600 ($1,504,883.45). Also, insider Mark Robson sold 180,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of GBX 425 ($5.53), for a total transaction of £765,000 ($996,223.47).
Shares of Howden Joinery Group Plc (LON HWDN) traded up 0.38% on Tuesday, hitting GBX 424.70. The stock had a trading volume of 1,474,356 shares. The firm has a 50 day moving average price of GBX 421.74 and a 200 day moving average price of GBX 430.44. Howden Joinery Group Plc has a one year low of GBX 344.98 and a one year high of GBX 479.50. The company’s market capitalization is GBX 2.65 billion.
The company also recently announced a dividend, which will be paid on Friday, November 17th. Investors of record on Thursday, October 19th will be paid a GBX 3.60 ($0.05) dividend. The ex-dividend date is Thursday, October 19th. This represents a yield of 0.83%.
About Howden Joinery Group Plc
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.
Receive News & Ratings for Howden Joinery Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Howden Joinery Group Plc and related companies with MarketBeat.com's FREE daily email newsletter.