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

Howden Joinery Group Plc (LON:HWDN) has been given a consensus recommendation of “Moderate Buy” by the seven ratings firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is GBX 904.29 ($11.95).

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

Howden Joinery Group Trading Down 1.5 %

Shares of HWDN opened at GBX 954.50 ($12.61) on Tuesday. The firm has a market cap of £5.25 billion, a P/E ratio of 2,075.00, a price-to-earnings-growth ratio of 2.06 and a beta of 1.07. The company has a debt-to-equity ratio of 75.88, a current ratio of 1.99 and a quick ratio of 0.94. Howden Joinery Group has a 1 year low of GBX 612 ($8.08) and a 1 year high of GBX 982.50 ($12.98). The company has a 50 day simple moving average of GBX 926.05 and a two-hundred day simple moving average of GBX 900.52.

Howden Joinery Group Cuts Dividend

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