Jefferies Group reissued their hold rating on shares of Howden Joinery Group (LON:HWDN) in a report released on Thursday, March 15th.
Several other analysts have also recently commented on HWDN. Barclays assumed coverage on shares of Howden Joinery Group in a research note on Monday, November 27th. They issued an equal weight rating and a GBX 447 ($6.27) target price for the company. Peel Hunt raised their price objective on shares of Howden Joinery Group from GBX 445 ($6.25) to GBX 470 ($6.60) and gave the company a hold rating in a research note on Wednesday, December 6th. Liberum Capital raised their price objective on shares of Howden Joinery Group from GBX 506 ($7.10) to GBX 540 ($7.58) and gave the company a buy rating in a research note on Tuesday, January 16th. Berenberg Bank reiterated a hold rating and set a GBX 450 ($6.32) price target on shares of Howden Joinery Group in a report on Tuesday, February 20th. Finally, Shore Capital reiterated a buy rating on shares of Howden Joinery Group in a report on Thursday, March 1st. Eight equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of GBX 485.36 ($6.81).
Shares of LON HWDN traded up GBX 0.20 ($0.00) during mid-day trading on Thursday, reaching GBX 465 ($6.53). The company had a trading volume of 2,064,584 shares, compared to its average volume of 3,230,000. Howden Joinery Group has a 52-week low of GBX 282 ($3.96) and a 52-week high of GBX 596.70 ($8.38).
The firm also recently announced a dividend, which will be paid on Friday, June 22nd. Shareholders of record on Thursday, May 24th will be paid a dividend of GBX 7.50 ($0.11) per share. This is a positive change from Howden Joinery Group’s previous dividend of $3.60. The ex-dividend date of this dividend is Thursday, May 24th. This represents a yield of 1.56%.
In other Howden Joinery Group news, insider Andrew Livingston sold 61,995 shares of the company’s stock in a transaction dated Tuesday, April 3rd. The shares were sold at an average price of GBX 460 ($6.46), for a total value of £285,177 ($400,304.60).
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About Howden Joinery Group
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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