Jefferies Financial Group Boosts Howden Joinery Group (LON:HWDN) Price Target to GBX 1,090

Howden Joinery Group (LON:HWDN) had its price objective raised by Jefferies Financial Group from GBX 1,042 ($13.54) to GBX 1,090 ($14.16) in a research report sent to investors on Tuesday, Marketbeat Ratings reports. They currently have a buy rating on the stock.

Separately, Barclays reiterated an overweight rating and issued a GBX 1,010 ($13.12) price objective on shares of Howden Joinery Group in a research note on Wednesday, May 1st. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of Moderate Buy and an average target price of GBX 904.29 ($11.75).

Howden Joinery Group Price Performance

Shares of Howden Joinery Group stock opened at GBX 942.50 ($12.25) on Tuesday. Howden Joinery Group has a twelve month low of GBX 612 ($7.95) and a twelve month high of GBX 956.50 ($12.43). The company has a quick ratio of 0.94, a current ratio of 1.99 and a debt-to-equity ratio of 75.88. The company has a 50-day simple moving average of GBX 903.18 and a two-hundred day simple moving average of GBX 879.58. The stock has a market capitalization of £5.18 billion, a price-to-earnings ratio of 2,048.91, a price-to-earnings-growth ratio of 2.22 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 given 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 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.