Howden Joinery Transfers Treasury Shares to Employee Scheme

Howden Joinery ( (GB:HWDN) ) has issued an update.

Howden Joinery Group PLC announced the transfer of 15,623 ordinary shares from treasury as part of an employee share scheme. This transfer impacts the company’s issued capital, leaving 547,008,760 shares with full voting rights, which is essential for shareholders to calculate their interests under regulatory rules.

The most recent analyst rating on (GB:HWDN) stock is a Buy with a £930.00 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 overall stock score reflects strong financial health and effective strategic initiatives. The company’s robust cash flow management and shareholder-friendly actions, like share buybacks, are significant positives. Technical indicators suggest a strong upward trend, though caution is advised due to potential overvaluation signals. Valuation metrics and earnings call insights provide a balanced view, highlighting both growth opportunities and market challenges.

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, primarily focusing on kitchen and joinery products. The company is known for its comprehensive range of kitchen furniture and related products, catering to both trade professionals and consumers.

Average Trading Volume: 1,768,125

Technical Sentiment Signal: Strong Buy

Current Market Cap: £4.7B

For an in-depth examination of HWDN stock, go to TipRanks’ Stock Analysis page.