Morgan Stanley Keeps Their Buy Rating on James Hardie (JHIUF)
In a report released today, Joseph Michael from Morgan Stanley maintained a Buy rating on James Hardie, with a price target of A$42.00.
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According to TipRanks, Michael is a 4-star analyst with an average return of 10.8% and a 53.85% success rate.
In addition to Morgan Stanley, James Hardie also received a Buy from Jarden’s Daniel Sykes in a report issued on January 27. However, on January 15, TipRanks – Google reiterated a Hold rating on James Hardie (Other OTC: JHIUF).
The company has a one-year high of A$55.09 and a one-year low of A$24.41. Currently, James Hardie has an average volume of 4.79M.
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.
Read More on JHIUF:
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- James Hardie Sets Date for Q3 FY26 Earnings Release and Investor Call
- James Hardie Issues Unquoted Shares to Settle AZEK Merger Equity Awards
- James Hardie Issues 4,074 Unquoted Ordinary Shares Under Existing Arrangement
- James Hardie Shutters Two U.S. Plants in Manufacturing Shake-Up, Targets $25 Million in Annual Savings
- James Hardie to close Fontana, Summerville manufacturing facilities
