JB Hi-Fi Limited Rating Reiterated by Morningstar (JBH)
JB Hi-Fi Limited (ASX:JBH)‘s stock had its “sell” rating reiterated by investment analysts at Morningstar in a note issued to investors on Tuesday, Stock Ratings Network.com reports.
Shares of JB Hi-Fi Limited (ASX:JBH) traded up 1.75% on Tuesday, hitting A$19.780. 304,915 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$19.52 and its 200-day moving average is A$19.93. The company has a market cap of A$1.973 billion and a P/E ratio of 15.70.
Other equities research analysts have also recently issued reports about 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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