Deutsche Bank Reiterates “Buy” Rating for James Hardie Industries plc (JHX)
James Hardie Industries plc (ASX:JHX)‘s stock had its “buy” rating reiterated by stock analysts at Deutsche Bank in a report issued on Wednesday. They currently have a $16.16 target price on the stock.
Shares of James Hardie Industries plc (ASX:JHX) traded up 1.68% during mid-day trading on Wednesday, hitting A$13.920. 1,432,413 shares of the company’s stock traded hands. James Hardie Industries plc has a 52-week low of A$8.660 and a 52-week high of A$15.540. The stock’s 50-day moving average is A$13.97 and its 200-day moving average is A$13.53. The company has a market cap of A$6.195 billion and a price-to-earnings ratio of 62.23.
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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