Analysts Set Howden Joinery Group Plc (LON:HWDN) PT at GBX 904.29

Howden Joinery Group Plc (LON:HWDN) has been given an average recommendation of “Moderate Buy” by the seven research firms that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 904.29 ($11.95).

Separately, Jefferies Financial Group boosted their price objective on shares of Howden Joinery Group from GBX 1,042 ($13.76) to GBX 1,090 ($14.40) and gave the stock a “buy” rating in a report on Tuesday, August 20th.

Howden Joinery Group Price Performance

HWDN stock opened at GBX 954.50 ($12.61) on Tuesday. The company has a debt-to-equity ratio of 75.88, a quick ratio of 0.94 and a current ratio of 1.99. The firm has a 50 day moving average price of GBX 926.05 and a 200-day moving average price of GBX 900.52. Howden Joinery Group has a 52-week low of GBX 612 ($8.08) and a 52-week high of GBX 982.50 ($12.98). The firm has a market capitalization of £5.25 billion, a price-to-earnings ratio of 2,075.00, a PEG ratio of 2.06 and a beta of 1.07.

Howden Joinery Group Cuts Dividend

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