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Morgan Stanley Remains a Buy on James Hardie Industries PLC (JHX)
Morgan Stanley analyst maintained a Buy rating on James Hardie Industries PLC yesterday and set a price target of $44.00.
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In addition to Morgan Stanley, James Hardie Industries PLC also received a Buy from Oppenheimer’s Tyler Batory in a report issued on February 12. However, on the same day, 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 December 31, the company reported a quarterly revenue of $1.24 billion and a net profit of $68.7 million. In comparison, last year the company earned a revenue of $953.3 million and had a net profit of $141.7 million
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