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Howden Joinery ( (GB:HWDN) ) has shared an update.
Howden Joinery Group PLC announced the purchase and cancellation of 75,000 of its ordinary shares at an average price of 866.18 pence per share. This transaction reduces the total number of shares in issue to 541,981,578, impacting the company’s voting rights and potentially influencing shareholder interests.
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
Howden Joinery Group PLC operates in the manufacturing and retail industry, primarily focusing on designing and supplying kitchens and joinery products. The company serves a wide market, including builders and homeowners, with a strong presence in the UK.
Average Trading Volume: 1,638,151
Technical Sentiment Signal: Strong Buy
Current Market Cap: £4.53B
For an in-depth examination of HWDN stock, go to TipRanks’ Overview page.