James Hardie Industries SE Downgraded to Neutral at Zacks (JHX)
James Hardie Industries SE (NYSE:JHX) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a note issued to investors on Tuesday, Stock Ratings News reports. They currently have a $60.60 price target on the stock. Zacks‘ price objective indicates a potential upside of 3.70% from the stock’s previous close.
Separately, analysts at Deutsche Bank upgraded shares of James Hardie Industries SE from a “hold” rating to a “buy” rating in a research note to investors on Thursday, November 14th. They now have a $13.51 price target on the stock, up previously from $8.90. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. James Hardie Industries SE has a consensus rating of “Buy” and an average price target of $48.22.
James Hardie Industries SE (NYSE:JHX) traded down 1.85% during mid-day trading on Tuesday, hitting $56.73. The stock had a trading volume of 1,239 shares. James Hardie Industries SE has a 52 week low of $39.97 and a 52 week high of $59.90. The stock has a 50-day moving average of $55.83 and a 200-day moving average of $49.33. The company has a market cap of $25.101 billion and a price-to-earnings ratio of 164.20.
James Hardie Industries SE, formerly James Hardie Industries N.V. is a manufacturer of fibre cement products and systems for internal and external building construction applications in the United States, Australia, New Zealand and Philippines.
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