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RBC Capital Sticks to Its Hold Rating for James Hardie (JHIUF)

Tipranks - Thu Feb 12, 8:02PM CST

In a report released yesterday, Matt McKellar from RBC Capital maintained a Hold rating on James Hardie, with a price target of A$38.00.

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According to TipRanks, McKellar is a 4-star analyst with an average return of 7.7% and a 55.56% success rate. McKellar covers the Basic Materials sector, focusing on stocks such as James Hardie, Mercer International, and Sylvamo Corp.

In addition to RBC Capital, James Hardie also received a Hold from UBS’s Nathan Reilly in a report issued today. However, on the same day, Morgan Stanley maintained a Buy rating on James Hardie (Other OTC: JHIUF).

The company has a one-year high of A$53.40 and a one-year low of A$24.41. Currently, James Hardie has an average volume of 4.36M.

Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of JHIUF in relation to earlier this year.

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