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 analysts at Morgan Stanley in a research report issued to clients and investors on Thursday. They currently have a $21.00 price target on the stock.
JBH has been the subject of a number of other recent research reports. 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) traded up 0.48% during mid-day trading on Thursday, hitting A$16.800. 1,257,556 shares of the company’s stock traded hands. JB Hi-Fi Limited has a 52-week low of A$16.480 and a 52-week high of A$23.130. The stock’s 50-day moving average is A$18.80 and its 200-day moving average is A$18.84. The company has a market cap of A$1.662 billion and a price-to-earnings ratio of 13.18.
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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