Brokerages Set JELD-WEN Holding, Inc. (NYSE:JELD) Price Target at $7.34

JELD-WEN Holding, Inc. (NYSE:JELD) has received a consensus rating of “Reduce” from the eight brokerages that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation and seven have assigned a hold recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $7.50.

JELD has been the subject of a number of recent research reports. The Goldman Sachs Group dropped their price target on shares of JELD-WEN from $6.00 to $5.25 and set a “neutral” rating for the company in a research note on Wednesday, May 7th. Loop Capital dropped their price target on shares of JELD-WEN from $8.00 to $4.00 and set a “hold” rating for the company in a research note on Thursday, May 8th. UBS Group boosted their price target on shares of JELD-WEN from $5.00 to $5.75 and gave the stock a “neutral” rating in a research note on Thursday. Royal Bank Of Canada dropped their price target on shares of JELD-WEN from $5.00 to $2.00 and set an “underperform” rating for the company in a research note on Wednesday, May 7th. Finally, Barclays boosted their price target on shares of JELD-WEN from $4.50 to $5.00 and gave the stock an “equal weight” rating in a research note on Thursday.

JELD-WEN Trading Down 4.1%

Shares of NYSE JELD opened at $5.21 on Thursday. JELD-WEN has a 1-year low of $3.27 and a 1-year high of $16.43. The company has a market cap of $444.78 million, a PE ratio of -1.28 and a beta of 1.65. The company has a current ratio of 1.87, a quick ratio of 1.12 and a debt-to-equity ratio of 2.56. The company has a 50-day moving average of $4.29 and a two-hundred day moving average of $5.38.

Institutional Trading of JELD-WEN

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its stake in shares of JELD-WEN by 238.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 7,389 shares of the company’s stock worth $29,000 after buying an additional 5,205 shares during the last quarter. CWM LLC lifted its stake in shares of JELD-WEN by 2,140.2% during the 1st quarter. CWM LLC now owns 6,407 shares of the company’s stock worth $38,000 after buying an additional 6,121 shares during the last quarter. Quarry LP acquired a new stake in shares of JELD-WEN during the 4th quarter worth about $46,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of JELD-WEN during the 2nd quarter worth about $49,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in shares of JELD-WEN during the 2nd quarter worth about $52,000. 95.04% of the stock is owned by institutional investors.

JELD-WEN Company Profile

JELD-WEN Holding, Inc designs, manufactures, and sells wood, metal, and composite materials doors, windows, and related building products in North America and Europe. The company offers a line of residential interior and exterior door products, including patio doors, and folding or sliding wall systems; non-residential doors; stile and rail doors; and wood, vinyl, and wood composite windows.