JB Hi-Fi Receives “Sell” Rating from Morningstar (JBH)
JB Hi-Fi (ASX:JBH)‘s stock had its “sell” rating restated by equities researchers at Morningstar in a research report issued on Friday, AnalystRatingsNetwork reports.
A number of other analysts have also recently weighed in on JBH. Analysts at CIMB reiterated an “add” rating on shares of JB Hi-Fi in a research note to investors on Wednesday. Analysts at UBS AG reiterated a “buy” rating on shares of JB Hi-Fi in a research note to investors on Sunday, November 17th.
Shares of JB Hi-Fi (ASX:JBH) opened at 19.020 on Friday. JB Hi-Fi has a one year low of A$9.740 and a one year high of A$23.130. The stock’s 50-day moving average is A$20.70 and its 200-day moving average is A$19.8. The company has a market cap of A$1.882 billion and a P/E ratio of 16.26.
JB Hi-Fi Limited is engaged in the retailing of home consumer products from stand alone destination sites, shopping centre locations and its online stores.
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