James Hardie Industries SE Downgraded by Bank of America to Neutral (JHX)
James Hardie Industries SE (NYSE:JHX) was downgraded by equities researchers at Bank of America to a “neutral” rating in a research report issued on Friday, AnalystRatings.NET reports.
Separately, analysts at Zacks downgraded shares of James Hardie Industries SE from an “outperform” rating to a “neutral” rating in a research note on Tuesday, January 14th. They now have a $60.60 price target on the stock. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $44.37.
Shares of James Hardie Industries SE (NYSE:JHX) opened at 61.619 on Friday. James Hardie Industries SE has a one year low of $39.97 and a one year high of $63.29. The stock’s 50-day moving average is $59.07 and its 200-day moving average is $52.89. The company has a market cap of $27.264 billion and a price-to-earnings ratio of 174.45.
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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