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Citi Sticks to Their Buy Rating for James Hardie (JHIUF)

Tipranks - Tipranks - Wed Mar 18, 6:14PM CDT

In a report released today, Samuel Seow from Citi maintained a Buy rating on James Hardie, with a price target of A$42.60.

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According to TipRanks, Seow is an analyst with an average return of -0.5% and a 50.28% success rate. Seow covers the Industrials sector, focusing on stocks such as Reliance Worldwide Corp., Qube Holdings, and Brambles .

In addition to Citi, James Hardie also received a Buy from Bank of America Securities’s Shaurya Visen in a report issued on March 11. However, today, TipRanks – OpenAI reiterated a Hold rating on James Hardie (Other OTC: JHIUF).

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The company has a one-year high of A$51.05 and a one-year low of A$24.41. Currently, James Hardie has an average volume of 2.36M.

Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of JHIUF in relation to earlier this year.

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