TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Howden Joinery ( (GB:HWDN) ) has provided an update.
Howden Joinery Group PLC announced the repurchase and cancellation of 75,000 of its ordinary shares at an average price of 801.22 pence per share. This transaction reduces the total number of shares in issue to 539,304,983, impacting the company’s voting rights and potentially influencing shareholder interests.
The most recent analyst rating on (GB:HWDN) stock is a Hold 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 effective cash management are the most significant factors contributing to its score. Technical analysis presents mixed signals, with short-term momentum showing potential overbought conditions. Valuation is fair, with a moderate P/E ratio and reasonable dividend yield. The earnings call highlights both strengths in sales growth and challenges in operating costs, maintaining a balanced outlook.
To see Spark’s full report on GB:HWDN stock, click here.
More about Howden Joinery
Howden Joinery Group PLC operates in the manufacturing and retail industry, specializing in the production and sale of kitchen joinery products. The company primarily focuses on providing high-quality kitchen solutions to builders and homeowners, positioning itself as a key player in the kitchen fittings market.
Average Trading Volume: 1,656,212
Technical Sentiment Signal: Buy
Current Market Cap: £4.47B
For a thorough assessment of HWDN stock, go to TipRanks’ Stock Analysis page.