Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Howden Joinery ( (GB:HWDN) ) has issued an announcement.
Howden Joinery Group PLC announced the repurchase and cancellation of 75,000 of its ordinary shares at an average price of 837.37 pence per share, with the highest and lowest purchase prices being 840.50 pence and 833.00 pence, respectively. This transaction reduces the total number of shares in issue to 542,056,578, impacting the total voting rights and potentially affecting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:HWDN) stock is a Buy with a £928.00 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 is driven by strong financial performance and a balanced earnings call, highlighting growth in sales and margins. However, technical analysis indicates potential bearish momentum, and valuation metrics suggest the stock is fairly valued. The company’s strategic initiatives and international growth provide optimism, despite market challenges.
To see Spark’s full report on GB:HWDN stock, click here.
More about Howden Joinery
Average Trading Volume: 1,649,294
Technical Sentiment Signal: Strong Buy
Current Market Cap: £4.53B
For a thorough assessment of HWDN stock, go to TipRanks’ Stock Analysis page.