Analysts Have Conflicting Sentiments on These Materials Companies: James Hardie Industries PLC (JHX) and Rio Tinto Limited (OtherRTNTF)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on James Hardie Industries PLC (JHX – Research Report) and Rio Tinto Limited (RTNTF – Research Report).
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
James Hardie Industries PLC (JHX)
Truist Financial analyst Keith Hughes reiterated a Buy rating on James Hardie Industries PLC yesterday. The company’s shares closed last Friday at $23.66.
According to TipRanks.com, Hughes is a top 100 analyst with an average return of
Currently, the analyst consensus on James Hardie Industries PLC is a Strong Buy with an average price target of $25.24, which is a 5.2% upside from current levels. In a report released yesterday, Bank of America Securities also maintained a Buy rating on the stock with a A$42.20 price target.
See today’s best-performing stocks on TipRanks >>
Rio Tinto Limited (RTNTF)
RBC Capital analyst Kaan Peker maintained a Hold rating on Rio Tinto Limited yesterday and set a price target of A$132.00. The company’s shares closed last Friday at $100.00.
According to TipRanks.com, Peker is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rio Tinto Limited with a $93.48 average price target, which is a -8.0% downside from current levels. In a report issued on January 9, Macquarie also maintained a Hold rating on the stock with a A$130.00 price target.
