James Hardie Industries plc Stock Rating Reaffirmed by Credit Suisse (JHX)
James Hardie Industries plc (ASX:JHX)‘s stock had its “neutral” rating reaffirmed by investment analysts at Credit Suisse in a note issued to investors on Friday. They currently have a $15.20 target price on the stock.
Shares of James Hardie Industries plc (ASX:JHX) traded down 7.21% during mid-day trading on Friday, hitting A$12.990. 11,593,319 shares of the company’s stock traded hands. James Hardie Industries plc has a one year low of A$9.390 and a one year high of A$15.540. The stock’s 50-day moving average is A$13.70 and its 200-day moving average is A$13.8. The company has a market cap of A$5.784 billion and a price-to-earnings ratio of 63.64.
JHX has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of James Hardie Industries plc in a research note on Thursday, June 26th. They now have a $16.16 price target on the stock.
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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