Royal Bank of Canada restated their outperform rating on shares of Howden Joinery Group (LON:HWDN – Free Report) in a research note published on Friday, Marketbeat reports. They currently have a GBX 920 ($11.64) target price on the stock.
HWDN has been the topic of a number of other research reports. Citigroup downgraded shares of Howden Joinery Group to a neutral rating and set a GBX 865 ($10.95) price objective on the stock. in a report on Friday, March 1st. Berenberg Bank reissued a buy rating and set a GBX 930 ($11.77) price objective on shares of Howden Joinery Group in a report on Tuesday, March 5th. Finally, JPMorgan Chase & Co. upped their price target on shares of Howden Joinery Group from GBX 670 ($8.48) to GBX 680 ($8.61) and gave the company a neutral rating in a report on Tuesday, March 5th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of Moderate Buy and an average price target of GBX 830.83 ($10.52).
Read Our Latest Report on HWDN
Howden Joinery Group Stock Down 0.4 %
Howden Joinery Group Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, May 24th. Shareholders of record on Thursday, April 11th will be issued a GBX 16.20 ($0.21) dividend. This represents a dividend yield of 2.1%. The ex-dividend date is Thursday, April 11th. This is an increase from Howden Joinery Group’s previous dividend of $4.80. Howden Joinery Group’s dividend payout ratio is 4,565.22%.
Insider Buying and Selling at Howden Joinery Group
In other news, insider Andrew Livingston acquired 18 shares of the business’s stock in a transaction dated Tuesday, March 19th. The stock was acquired at an average price of £153.09 ($193.76) per share, with a total value of £2,755.62 ($3,487.69). In other news, insider Paul Hayes sold 59,074 shares of the business’s stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of GBX 869 ($11.00), for a total value of £513,353.06 ($649,731.76). Also, insider Andrew Livingston acquired 18 shares of the business’s stock in a transaction dated Tuesday, March 19th. The stock was purchased at an average cost of £153.09 ($193.76) per share, with a total value of £2,755.62 ($3,487.69). Insiders have acquired 4,020 shares of company stock valued at $3,750,089 over the last quarter. Corporate insiders own 0.55% of the company’s stock.
About Howden Joinery Group
Howden Joinery Group Plc supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland. The company's product portfolio worktops, sinks and taps, flooring, appliances, and handles; internal and external doors, including fire doors, flooring, stair parts, and general joinery items; and cooking, cleaning, and cooling appliances.
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