Howden Joinery Group Plc (LON:HWDN) Insider Sells £765,000 in Stock

Howden Joinery Group Plc (LON:HWDN) insider Mark Robson sold 180,000 shares of Howden Joinery Group Plc stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of GBX 425 ($5.52), for a total value of £765,000 ($993,119.56).

Howden Joinery Group Plc (LON:HWDN) opened at 421.60 on Tuesday. Howden Joinery Group Plc has a 52-week low of GBX 344.98 and a 52-week high of GBX 479.50. The stock has a 50 day moving average price of GBX 421.36 and a 200 day moving average price of GBX 431.79. The company’s market capitalization is GBX 2.63 billion.

The business also recently announced a dividend, which will be paid on Friday, November 17th. Investors of record on Thursday, October 19th will be issued a GBX 3.60 ($0.05) dividend. The ex-dividend date is Thursday, October 19th. This represents a yield of 0.83%.

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A number of analysts have issued reports on the company. Liberum Capital reaffirmed a “buy” rating and issued a GBX 506 ($6.57) price objective on shares of Howden Joinery Group Plc in a research note on Friday, July 28th. Jefferies Group LLC lifted their target price on Howden Joinery Group Plc from GBX 470 ($6.10) to GBX 480 ($6.23) and gave the stock a “hold” rating in a report on Tuesday, July 25th. Beaufort Securities reiterated a “hold” rating and issued a GBX 425 ($5.52) target price on shares of Howden Joinery Group Plc in a report on Friday, July 21st. Canaccord Genuity reiterated a “buy” rating and issued a GBX 500 ($6.49) target price on shares of Howden Joinery Group Plc in a report on Thursday, July 20th. Finally, Peel Hunt reiterated a “hold” rating and issued a GBX 445 ($5.78) target price on shares of Howden Joinery Group Plc in a report on Thursday, July 20th. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Howden Joinery Group Plc presently has an average rating of “Hold” and a consensus target price of GBX 453.60 ($5.89).

About Howden Joinery Group Plc

Howden Joinery Group Plc is a manufacturer and supplier of fitted kitchens, appliances and joinery products. The Company is engaged in the sale of kitchens and joinery products, along with the associated manufacture, sourcing and distribution of these products. It offers products in categories, such as kitchen collection, including inclusive cabinets, accessories, handles and taps; appliance collection, including ovens, hobs, extractors, refrigeration, dishwashers, laundry; doors and joinery collection, including internal doors, sliding wardrobe doors, external doors, door frames, linings and casings, and moldings; hardware collection, including door handles, door furniture, door security, and tools and accessories; flooring collections, including laminate flooring and accessories, and bathroom cabinet collection, including bathroom accessories, bathroom handles and bathroom worktops.

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