James Hardie Industries plc Stock Rating Upgraded by Morgan Stanley (JHX)
James Hardie Industries plc (NYSE:JHX) was upgraded by stock analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a report issued on Thursday, Analyst RN reports.
Shares of James Hardie Industries plc (NYSE:JHX) opened at 63.67 on Thursday. James Hardie Industries plc has a 52 week low of $39.97 and a 52 week high of $72.26. The stock has a 50-day moving average of $64.6 and a 200-day moving average of $59.66. The company has a market cap of $28.240 billion and a price-to-earnings ratio of 134.25.
A number of other analysts have also recently weighed in on JHX. Analysts at Macquarie upgraded shares of James Hardie Industries plc from a “neutral” rating to an “outperform” rating in a research note on Friday, February 28th. Separately, analysts at Credit Suisse downgraded shares of James Hardie Industries plc from an “outperform” rating to a “neutral” rating in a research note on Friday, February 28th. Finally, analysts at Bank of America downgraded shares of James Hardie Industries plc from a “buy” rating to a “neutral” rating in a research note on Friday, February 28th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $37.06.
James Hardie Industries plc is a manufacturer of fiber cement products and systems for internal and external building construction applications in the United States, Australia, New Zealand, and the Philippines.
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