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James Hardie Industries PLC (JHX) Gets a Buy from Oppenheimer

Tipranks - Fri Feb 13, 7:30AM CST

In a report released today, Tyler Batory from Oppenheimer reiterated a Buy rating on James Hardie Industries PLC, with a price target of $30.00.

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Batory covers the Consumer Cyclical sector, focusing on stocks such as Toll Brothers, Lennar, and PulteGroup. According to TipRanks, Batory has an average return of 5.0% and a 54.37% success rate on recommended stocks.

In addition to Oppenheimer, James Hardie Industries PLC also received a Buy from Robert W. Baird’s Timothy Wojs in a report issued yesterday. However, today, Barclays maintained a Hold rating on James Hardie Industries PLC (NYSE: JHX).

Based on James Hardie Industries PLC’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.29 billion and a GAAP net loss of $55.8 million. In comparison, last year the company earned a revenue of $960.8 million and had a net profit of $83.4 million

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