JELD has been the subject of several other reports. Credit Suisse Group reissued an outperform rating and set a $47.00 price target (up from $41.00) on shares of Jeld-Wen in a research report on Monday, January 22nd. They noted that the move was a valuation call. JPMorgan Chase & Co. cut Jeld-Wen from an overweight rating to a neutral rating and set a $32.00 price target for the company. in a research report on Thursday, February 22nd. Citigroup set a $40.00 price target on Jeld-Wen and gave the company a neutral rating in a research report on Wednesday, February 14th. Royal Bank of Canada set a $39.00 price objective on Jeld-Wen and gave the company a buy rating in a research note on Friday, February 23rd. Finally, Wells Fargo & Co lowered Jeld-Wen from an outperform rating to a market perform rating and set a $37.00 price objective on the stock. in a research note on Thursday, February 22nd. Nine equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of $39.38.
Jeld-Wen (JELD) opened at $31.16 on Friday. Jeld-Wen has a 52-week low of $27.61 and a 52-week high of $42.27. The company has a current ratio of 1.93, a quick ratio of 1.28 and a debt-to-equity ratio of 1.40. The company has a market capitalization of $3,280.00 and a P/E ratio of 91.65.
A number of large investors have recently added to or reduced their stakes in the business. Macquarie Group Ltd. raised its stake in Jeld-Wen by 0.8% in the second quarter. Macquarie Group Ltd. now owns 22,940 shares of the company’s stock valued at $745,000 after buying an additional 174 shares during the period. California Public Employees Retirement System increased its stake in shares of Jeld-Wen by 15.8% during the third quarter. California Public Employees Retirement System now owns 11,000 shares of the company’s stock worth $391,000 after purchasing an additional 1,500 shares during the period. Russell Investments Group Ltd. increased its stake in shares of Jeld-Wen by 24.5% during the third quarter. Russell Investments Group Ltd. now owns 10,741 shares of the company’s stock worth $382,000 after purchasing an additional 2,114 shares during the period. Amalgamated Bank increased its stake in shares of Jeld-Wen by 31.2% during the fourth quarter. Amalgamated Bank now owns 9,174 shares of the company’s stock worth $361,000 after purchasing an additional 2,184 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Jeld-Wen by 331.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,522 shares of the company’s stock worth $139,000 after purchasing an additional 2,706 shares during the period. Hedge funds and other institutional investors own 48.49% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: This piece of content was originally posted by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece of content on another website, it was copied illegally and reposted in violation of US and international trademark and copyright legislation. The original version of this piece of content can be read at https://www.tickerreport.com/banking-finance/3229242/jeld-wen-jeld-stock-rating-reaffirmed-by-barclays.html.
JELD-WEN Holding, Inc is a door and window manufacturer. The Company designs, produces and distributes a range of interior and exterior doors, wood, vinyl and aluminum windows, and related products for use in the new construction and repair and remodeling, of residential homes, and to an extent, non-residential buildings.
Receive News & Ratings for Jeld-Wen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jeld-Wen and related companies with MarketBeat.com's FREE daily email newsletter.