JB Hi-Fi Limited Given Hold Rating at Deutsche Bank (JBH)
JB Hi-Fi Limited (ASX:JBH)‘s stock had its “hold” rating reaffirmed by equities researchers at Deutsche Bank in a research report issued on Monday. They currently have a $20.00 target price on the stock.
A number of other analysts have also recently weighed in on JBH. 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 up 0.83% during mid-day trading on Monday, hitting A$18.300. 733,369 shares of the company’s stock traded hands. JB Hi-Fi Limited has a one year low of A$14.540 and a one year high of A$23.130. The stock has a 50-day moving average of A$19.73 and a 200-day moving average of A$19.84. The company has a market cap of A$1.826 billion and a price-to-earnings ratio of 14.66.
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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