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An update from Howden Joinery ( (GB:HWDN) ) is now available.
Howden Joinery Group PLC announced a share buyback transaction, purchasing 74,802 of its ordinary shares for cancellation at an average price of 839.49 pence per share. This move reduces the total number of shares in issue to 542,825,359, which represents the company’s total voting rights and may impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:HWDN) stock is a Buy with a £961.00 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 is the most significant factor, supported by robust cash flow and a solid balance sheet. Technical analysis indicates a stable outlook, while valuation metrics suggest the stock is fairly priced. The earnings call highlights both achievements and challenges, with an optimistic outlook for market share gains. Overall, the stock presents a balanced investment opportunity with a focus on financial stability and growth potential.
To see Spark’s full report on GB:HWDN stock, click here.
More about Howden Joinery
Average Trading Volume: 1,571,207
Technical Sentiment Signal: Strong Buy
Current Market Cap: £4.52B
For a thorough assessment of HWDN stock, go to TipRanks’ Stock Analysis page.