Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Howden Joinery ( (GB:HWDN) ) has provided an update.
Howden Joinery Group PLC announced the repurchase and cancellation of 75,000 of its ordinary shares through Barclays Bank PLC at an average price of 831.33 pence per share. This transaction reduces the number of shares in issue to 539,750,557, which represents the total voting rights in the company, potentially impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:HWDN) stock is a Hold with a £900.00 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 and effective cash management are the most significant factors contributing to its score. Technical analysis presents mixed signals, with short-term momentum showing potential overbought conditions. Valuation is fair, with a moderate P/E ratio and reasonable dividend yield. The earnings call highlights both strengths in sales growth and challenges in operating costs, maintaining a balanced outlook.
To see Spark’s full report on GB:HWDN stock, click here.
More about Howden Joinery
Average Trading Volume: 1,576,704
Technical Sentiment Signal: Strong Buy
Current Market Cap: £4.58B
Find detailed analytics on HWDN stock on TipRanks’ Stock Analysis page.