Howden Joinery Group (OTCMKTS:HWDJY) Hits New 12-Month Low – What’s Next?

Howden Joinery Group Plc (OTCMKTS:HWDJY) hit a new 52-week low on Thursday . The company traded as low as $52.56 and last traded at $52.56, with a volume of 0 shares changing hands. The stock had previously closed at $52.56.

Analysts Set New Price Targets

A number of research firms recently weighed in on HWDJY. Royal Bank of Canada upgraded Howden Joinery Group to a “hold” rating in a research report on Tuesday, July 30th. UBS Group upgraded shares of Howden Joinery Group to a “hold” rating in a report on Friday, July 26th. Finally, Barclays raised shares of Howden Joinery Group to a “strong-buy” rating in a report on Friday, July 26th.

Howden Joinery Group Price Performance

The firm’s fifty day moving average price is $50.28 and its 200-day moving average price is $47.54.

Howden Joinery Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, December 9th. Shareholders of record on Friday, October 18th will be paid a dividend of $0.2123 per share. The ex-dividend date is Friday, October 18th.

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.