Howden Joinery Group Plc (LON:HWDN) had its price target hoisted by Jefferies Group LLC from GBX 470 ($6.20) to GBX 480 ($6.33) in a research note issued to investors on Tuesday, July 25th. Jefferies Group LLC currently has a hold rating on the stock.
Several other brokerages also recently weighed in on HWDN. Liberum Capital reissued a buy rating and issued a GBX 506 ($6.67) target price on shares of Howden Joinery Group Plc in a research note on Thursday, April 27th. J P Morgan Chase & Co restated a neutral rating and issued a GBX 440 ($5.80) price target on shares of Howden Joinery Group Plc in a report on Friday, April 28th. Peel Hunt upped their price target on shares of Howden Joinery Group Plc from GBX 430 ($5.67) to GBX 445 ($5.87) and gave the stock a hold rating in a report on Monday, June 19th. Beaufort Securities restated a hold rating and issued a GBX 425 ($5.61) price target 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 ($6.60) price target on shares of Howden Joinery Group Plc in a report on Thursday, July 20th. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Howden Joinery Group Plc has an average rating of Hold and an average price target of GBX 453.60 ($5.98).
Shares of Howden Joinery Group Plc (LON:HWDN) traded up 0.54% during midday trading on Tuesday, hitting GBX 426.30. 1,248,240 shares of the stock were exchanged. The firm has a 50 day moving average of GBX 423.78 and a 200-day moving average of GBX 429.09. The stock’s market cap is GBX 2.66 billion. Howden Joinery Group Plc has a 12 month low of GBX 344.98 and a 12 month high of GBX 479.50.
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The business also recently declared 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 of this dividend is Thursday, October 19th. This represents a yield of 0.83%.
In other Howden Joinery Group Plc news, insider Matthew Ingle sold 270,000 shares of Howden Joinery Group Plc stock in a transaction on Monday, July 31st. The shares were sold at an average price of GBX 428 ($5.65), for a total transaction of £1,155,600 ($1,524,337.16). Also, insider Mark Robson sold 180,000 shares of Howden Joinery Group Plc stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of GBX 425 ($5.61), for a total value of £765,000 ($1,009,101.70).
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.
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