Howden Joinery Group Plc (LON:HWDN) Given Average Recommendation of “Moderate Buy” by Brokerages

Howden Joinery Group Plc (LON:HWDN) has earned an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 904.29 ($11.81).

Separately, Jefferies Financial Group increased their price target on shares of Howden Joinery Group from GBX 1,042 ($13.61) to GBX 1,090 ($14.23) and gave the company a “buy” rating in a research report on Tuesday, August 20th.

Howden Joinery Group Trading Down 1.1 %

Shares of LON HWDN opened at GBX 905 ($11.82) on Friday. The business has a fifty day moving average price of GBX 922.37 and a 200 day moving average price of GBX 904.48. Howden Joinery Group has a 1-year low of GBX 612 ($7.99) and a 1-year high of GBX 982.50 ($12.83). The company has a debt-to-equity ratio of 75.88, a current ratio of 1.99 and a quick ratio of 0.94. The stock has a market capitalization of £4.98 billion, a P/E ratio of 1,967.39, a price-to-earnings-growth ratio of 1.98 and a beta of 1.07.

Howden Joinery Group Cuts Dividend

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

About Howden Joinery Group

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.