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James Hardie (JHIUF) Receives a Buy from Macquarie

Tipranks - Tipranks - Fri Jan 16, 5:20PM CST

Macquarie analyst Peter Steyn maintained a Buy rating on James Hardie today and set a price target of A$41.70.

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According to TipRanks, Steyn is a 3-star analyst with an average return of 4.4% and a 50.91% success rate.

In addition to Macquarie, James Hardie also received a Buy from Bank of America Securities’s Shaurya Visen in a report issued today. However, on the same day, TipRanks – Google reiterated a Hold rating on James Hardie (Other OTC: JHIUF).

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The company has a one-year high of A$55.18 and a one-year low of A$24.41. Currently, James Hardie has an average volume of 4.63M.

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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