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Howden Joinery ( (GB:HWDN) ) just unveiled an update.
Howden Joinery Group PLC announced the repurchase and cancellation of 75,000 ordinary shares at an average price of 845.25 pence per share, as part of its ongoing share buyback program. This transaction, conducted through Barclays Bank PLC, affects the company’s total voting rights and may influence shareholder interest notifications under the FCA’s rules.
The most recent analyst rating on (GB:HWDN) stock is a Buy with a £900.00 price target. To see the full list of analyst forecasts on Howden Joinery stock, see the GB:HWDN Stock Forecast page.
Spark’s Take on GB:HWDN Stock
According to Spark, TipRanks’ AI Analyst, GB:HWDN is a Outperform.
Howden Joinery’s strong financial performance and positive earnings call sentiment are significant strengths, indicating robust operational efficiency and strategic growth plans. However, technical analysis reveals bearish momentum, and market challenges could impact future performance. The valuation is reasonable, providing a balanced investment case.
To see Spark’s full report on GB:HWDN stock, click here.
More about Howden Joinery
Howden Joinery Group PLC operates in the home improvement industry, primarily focusing on the design and manufacture of kitchen and joinery products. The company serves a market that includes professional builders and tradespeople, offering a range of products that cater to both residential and commercial needs.
Average Trading Volume: 1,613,183
Technical Sentiment Signal: Strong Buy
Current Market Cap: £4.52B
Find detailed analytics on HWDN stock on TipRanks’ Stock Analysis page.