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James Halstead ( (GB:JHD) ) just unveiled an update.
James Halstead plc announced at its 110th Annual General Meeting that it will approve a record final dividend of 6.05p per ordinary share, marking the 49th consecutive year of increase. Despite robust revenues in the UK and North America, the company faces challenges in Central Europe and Asia Pacific, but remains optimistic about future growth through ongoing product and process improvements.
The most recent analyst rating on (GB:JHD) stock is a Hold with a £166.00 price target. To see the full list of analyst forecasts on James Halstead stock, see the GB:JHD Stock Forecast page.
Spark’s Take on GB:JHD Stock
According to Spark, TipRanks’ AI Analyst, GB:JHD is a Neutral.
The overall score reflects strong financial stability and profitability as the primary strengths, bolstered by a robust balance sheet. However, technical analysis indicates weak near-term momentum, and while valuation appears reasonable, the dividend yield anomaly requires attention. The absence of recent earnings call data and notable corporate events limits further insights.
To see Spark’s full report on GB:JHD stock, click here.
More about James Halstead
James Halstead plc is a UK-based manufacturer and global seller specializing in commercial flooring products. The company focuses on markets in the UK, North America, Central Europe, and the Asia Pacific region.
Average Trading Volume: 441,253
Technical Sentiment Signal: Sell
Current Market Cap: £581.7M
Learn more about JHD stock on TipRanks’ Stock Analysis page.