JB Hi-Fi Limited Stock Rating Reaffirmed by Morgan Stanley (JBH)
JB Hi-Fi Limited (ASX:JBH)‘s stock had its “overweight” rating restated by investment analysts at Morgan Stanley in a note issued to investors on Wednesday. They currently have a $21.00 price target on the stock.
Shares of JB Hi-Fi Limited (ASX:JBH) traded up 0.97% on Wednesday, hitting A$17.630. The stock had a trading volume of 1,458,902 shares. JB Hi-Fi Limited has a one year low of A$17.380 and a one year high of A$23.130. The stock’s 50-day moving average is A$18.95 and its 200-day moving average is A$18.89. The company has a market cap of A$1.759 billion and a P/E ratio of 14.10.
A number of other analysts have also recently weighed in on JBH. Analysts at Deutsche Bank reiterated a “hold” rating on shares of JB Hi-Fi Limited in a research note on Tuesday, July 8th. They now have a $20.00 price target on the stock.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.