Confidence in JELD-WEN Holding (JELD) Shares by Bank of America Fall.

August 9, 2018 - By Robert Shackelford

JELD-WEN Holding (JELD) Receives a Downgrade

The Equity Rating of JELD-WEN Holding (JELD) rating was decreased by research analysts at Bank of America from the previous Neutral rating to a Underperform rating in an analyst report issued to investors and clients on Wednesday, 8 August.

JELD-WEN Holding, Inc. (NYSE:JELD) Ratings Coverage

Among 12 analysts covering JELD-WEN Inc (JELD), 3 have Buy rating, 1 Sell and 8 Hold. Therefore 25% are positive. JELD-WEN Inc has $42.0 highest and $30 lowest target. $33.60’s average target is 39.01% above currents $24.1711 stock price. JELD-WEN Inc had 21 analyst reports since February 14, 2018 according to SRatingsIntel. The company was downgraded on Thursday, March 22 by Deutsche Bank. On Thursday, March 1 the stock rating was maintained by Citigroup with “Neutral”. On Thursday, February 22 the stock rating was maintained by Bank of America with “Buy”. The stock has “Neutral” rating by JP Morgan on Thursday, February 22. RBC Capital Markets maintained JELD-WEN Holding, Inc. (NYSE:JELD) on Thursday, February 22 with “Buy” rating. The stock of JELD-WEN Holding, Inc. (NYSE:JELD) earned “Outperform” rating by Robert W. Baird on Thursday, February 22. The stock of JELD-WEN Holding, Inc. (NYSE:JELD) earned “Neutral” rating by FBR Capital on Wednesday, August 8. The firm earned “Hold” rating on Monday, February 26 by FBR Capital. The stock has “Hold” rating by J.P. Morgan on Thursday, February 22. The stock has “Buy” rating by RBC Capital Markets on Wednesday, February 14.

The stock increased 1.94% or $0.4611 during the last trading session, reaching $24.1711. About 17,935 shares traded. JELD-WEN Holding, Inc. (JELD) has declined 8.97% since August 9, 2017 and is downtrending. It has underperformed by 21.54% the S&P500.

JELD-WEN Holding, Inc. manufactures doors and windows primarily in North America, Europe, and Australia. The company has market cap of $2.57 billion. The firm offers a line of residential interior and exterior door products, including patio doors and folding, or sliding wall systems; non-residential doors; and wood, vinyl, and aluminum windows. It has a 59.98 P/E ratio. It also provides other ancillary services and products, such as shower enclosures and wardrobes, moldings, trim boards, lumber, cutstocks, glass, staircases, hardware and locks, cabinets, and screens, as well as molded door skins, and miscellaneous installation and other services.

More important recent JELD-WEN Holding, Inc. (NYSE:JELD) news were published by: Bizjournals.com which released: “A downtown ‘resort’ set to land on Naito” on August 07, 2018, also Businesswire.com published article titled: “JELD-WEN Announces Second Quarter 2018 Results and Updates 2018 Outlook”, Bizjournals.com published: “CBJ Morning Buzz: Why Wells Fargo is ‘sorry’ again; Business owner kills intruder; New coffee, gelato shop uptown” on August 06, 2018. More interesting news about JELD-WEN Holding, Inc. (NYSE:JELD) was released by: Benzinga.com and their article: “Earnings Scheduled For August 7, 2018” with publication date: August 07, 2018.

JELD-WEN Holding, Inc. (NYSE:JELD) Ratings Chart

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