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

Howden Joinery Group Plc (LON:HWDN) has received an average rating of “Moderate Buy” from the seven analysts that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 904.29 ($11.81).

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

Howden Joinery Group Price Performance

Shares of LON:HWDN opened at GBX 905 ($11.82) on Friday. The company has a current ratio of 1.99, a quick ratio of 0.94 and a debt-to-equity ratio of 75.88. Howden Joinery Group has a twelve month low of GBX 612 ($7.99) and a twelve month high of GBX 982.50 ($12.83). The company’s 50 day moving average is GBX 922.37 and its 200 day moving average is GBX 904.48. The company has a market cap of £4.98 billion, a PE 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 company also recently announced a dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, October 17th will be issued a dividend of GBX 4.90 ($0.06) per share. 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 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.