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Jarden Remains a Buy on James Hardie (JHIUF)

Tipranks - Tipranks - Wed Jan 28, 10:24PM CST

In a report released yesterday, Daniel Sykes from Jarden maintained a Buy rating on James Hardie, with a price target of A$37.17. The company’s shares closed last Tuesday at A$34.55.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for James Hardie with a A$35.42 average price target, representing a 2.53% upside. In a report released on January 15, Bank of America Securities also reiterated a Buy rating on the stock with a A$42.20 price target.

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JHIUF market cap is currently A$20.63B and has a P/E ratio of 47.99.

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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