Deutsche Bank Reiterates Hold Rating for JB Hi-Fi Limited (JBH)
JB Hi-Fi Limited (ASX:JBH)‘s stock had its “hold” rating reiterated by investment analysts at Deutsche Bank in a note issued to investors on Sunday. They currently have a $20.00 price target on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Morningstar reiterated a “sell” rating on shares of JB Hi-Fi Limited in a research note on Tuesday, May 13th.
JB Hi-Fi Limited (ASX:JBH) traded down 4.59% during mid-day trading on Friday, hitting A$18.100. 2,807 shares of the company’s stock traded hands. JB Hi-Fi Limited has a 1-year low of A$14.540 and a 1-year high of A$23.130. The stock’s 50-day moving average is A$19.73 and its 200-day moving average is A$19.84. The company has a market cap of A$1.806 billion and a price-to-earnings ratio of 15.32.
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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