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An announcement from Howden Joinery ( (GB:HWDN) ) is now available.
Howden Joinery Group PLC announced the transfer of 286,110 ordinary shares from treasury as part of an employee share scheme. Following this transfer, the company’s issued capital now consists of 545,725,095 shares, with 542,900,161 shares holding full voting rights. This update is significant for shareholders as it affects the calculations for notifying changes in their interest under the FCA’s 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
Howden Joinery Group PLC operates in the manufacturing and retail sector, specializing in the production and sale of kitchen and joinery products. The company focuses on providing high-quality kitchen solutions to both trade professionals and homeowners, positioning itself as a leader in the home improvement market.
Average Trading Volume: 1,571,207
Technical Sentiment Signal: Strong Buy
Current Market Cap: £4.52B
For an in-depth examination of HWDN stock, go to TipRanks’ Overview page.