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Oppenheimer Keeps Their Buy Rating on James Hardie Industries PLC (JHX)

Tipranks - Tipranks - Tue Mar 10, 7:31AM CDT

Oppenheimer analyst Tyler Batory reiterated a Buy rating on James Hardie Industries PLC today and set a price target of $30.00.

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According to TipRanks, Batory is a 4-star analyst with an average return of 4.2% and a 51.74% success rate. Batory covers the Consumer Cyclical sector, focusing on stocks such as Toll Brothers, PulteGroup, and Lennar.

Currently, the analyst consensus on James Hardie Industries PLC is a Strong Buy with an average price target of $31.90.

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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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