Howden Joinery Group Plc (LON:HWDN) Receives Average Recommendation of "Moderate Buy" from Analysts

Shares of Howden Joinery Group Plc (LON:HWDN - Get Free Report) have been given an average rating of "Moderate Buy" by the seven brokerages that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 904.29 ($11.83).

Separately, Jefferies Financial Group boosted their price target on Howden Joinery Group from GBX 1,042 ($13.64) to GBX 1,090 ($14.27) and gave the stock a "buy" rating in a report on Tuesday, August 20th.

Howden Joinery Group Price Performance

Shares of LON HWDN traded up GBX 7.50 ($0.10) during mid-day trading on Friday, reaching GBX 888.50 ($11.63). The company's stock had a trading volume of 646,775 shares, compared to its average volume of 2,086,661. 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 52 week low of GBX 612 ($8.01) and a 52 week high of GBX 982.50 ($12.86). The stock has a fifty day moving average of GBX 919.10 and a two-hundred day moving average of GBX 904.44. The firm has a market capitalization of £4.88 billion, a PE ratio of 1,931.52, a P/E/G ratio of 1.98 and a beta of 1.07.

Howden Joinery Group Cuts Dividend

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