JB Hi-Fi Limited’s “Sell” Rating Reaffirmed at Morningstar (JBH)
JB Hi-Fi Limited (ASX:JBH)‘s stock had its “sell” rating reaffirmed by research analysts at Morningstar in a report released on Sunday, Stock Ratings News reports.
Shares of JB Hi-Fi Limited (ASX:JBH) traded down 1.74% on Friday, hitting A$20.280. 687,647 shares of the company’s stock traded hands. JB Hi-Fi Limited has a 52-week low of A$14.540 and a 52-week high of A$23.130. The stock’s 50-day moving average is A$19.14 and its 200-day moving average is A$20.0. The company has a market cap of A$2.023 billion and a price-to-earnings ratio of 16.67.
Several other analysts have also recently commented on the stock. Analysts at CIMB reiterated an “add” rating on shares of JB Hi-Fi Limited in a research note on Friday, February 21st.
JB Hi-Fi Limited (ASX:JBH) 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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