Howden Joinery Group (LON:HWDN) Rating Reiterated by Peel Hunt

Peel Hunt reaffirmed their hold rating on shares of Howden Joinery Group (LON:HWDN) in a report published on Tuesday morning, ThisIsMoney.Co.Uk reports.

Several other research firms have also recently commented on HWDN. UBS Group reiterated a buy rating on shares of Howden Joinery Group in a research note on Friday, July 26th. Shore Capital reiterated a buy rating on shares of Howden Joinery Group in a research note on Thursday, July 25th. JPMorgan Chase & Co. boosted their price target on Howden Joinery Group from GBX 460 ($6.01) to GBX 480 ($6.27) and gave the stock a neutral rating in a research note on Wednesday, May 15th. Berenberg Bank reiterated a hold rating and issued a GBX 520 ($6.79) price target on shares of Howden Joinery Group in a research note on Tuesday, August 13th. Finally, Liberum Capital reiterated a buy rating on shares of Howden Joinery Group in a research note on Thursday, July 25th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of GBX 532.86 ($6.96).

LON:HWDN opened at GBX 539.40 ($7.05) on Tuesday. Howden Joinery Group has a one year low of GBX 412.40 ($5.39) and a one year high of GBX 577.40 ($7.54). The business’s 50-day simple moving average is GBX 519.73 and its 200 day simple moving average is GBX 508.95. The stock has a market cap of $3.23 billion and a price-to-earnings ratio of 16.55.

The company also recently disclosed a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, October 24th will be paid a dividend of GBX 3.90 ($0.05) per share. This represents a yield of 0.73%. The ex-dividend date is Thursday, October 24th. Howden Joinery Group’s payout ratio is currently 0.37%.

About Howden Joinery Group

Howden Joinery Group Plc engages in the manufacture, sourcing, sale, and distribution of kitchens and joinery products in the United Kingdom, France, Belgium, the Netherlands, and Germany. The company offers kitchen cabinets, doors and worktops, breakfast bars, ovens, dishwashers, fridge-freezers, built-under fridges, frontals, sinks, taps, flooring, hardware products, lighting products, joinery doors, and skirting and architrave products.

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Analyst Recommendations for Howden Joinery Group (LON:HWDN)

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