Howden Joinery Group Plc (LON:HWDN) Receives Consensus Rating of “Moderate Buy” from Analysts

Howden Joinery Group Plc (LON:HWDN) has been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 904.29 ($11.83).

Separately, Jefferies Financial Group raised their price objective on shares of Howden Joinery Group from GBX 1,042 ($13.64) to GBX 1,090 ($14.27) and gave the company a “buy” rating in a research note on Tuesday, August 20th.

Howden Joinery Group Trading Up 0.9 %

Shares of Howden Joinery Group stock opened at GBX 888.50 ($11.63) on Friday. The company has a quick ratio of 0.94, a current ratio of 1.99 and a debt-to-equity ratio of 75.88. The firm has a market cap of £4.88 billion, a price-to-earnings ratio of 1,931.52, a price-to-earnings-growth ratio of 1.98 and a beta of 1.07. Howden Joinery Group has a 52-week low of GBX 612 ($8.01) and a 52-week high of GBX 982.50 ($12.86). The company’s 50-day simple moving average is GBX 919.10 and its 200-day simple moving average is GBX 904.30.

Howden Joinery Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, October 17th will be issued a GBX 4.90 ($0.06) dividend. The ex-dividend date is Thursday, October 17th. This represents a yield of 0.52%. Howden Joinery Group’s dividend payout ratio (DPR) is presently 4,565.22%.

Howden Joinery Group Company Profile

Howden Joinery Group Plc supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland. The company's product portfolio worktops, sinks and taps, flooring, appliances, and handles; internal and external doors, including fire doors, flooring, stair parts, and general joinery items; and cooking, cleaning, and cooling appliances.