Friday, 22 September 2023

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Citi Sticks to Its Buy Rating for James Hardie (JHIUF) – TipRanks Financial Blog

Latham Group, Inc. Celebrates Opening of its Seminole, Oklahoma Fiberglass Swimming Pool Manufacturing Plant – TipRanks Financial Blog

Citi analyst Samuel Seow maintained a Buy rating on James Hardie (JHIUFResearch Report) today and set a price target of A$55.10. The company’s shares closed last Wednesday at $27.29.

According to TipRanks, Seow is a 3-star analyst with an average return of 1.2% and a 50.50% success rate. Seow covers the Industrials sector, focusing on stocks such as James Hardie, Reliance Worldwide Corp. Ltd., and Brambles Limited.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for James Hardie with a $32.54 average price target.

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The company has a one-year high of $31.29 and a one-year low of $17.46. Currently, James Hardie has an average volume of 7,784.

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James Hardie Industries Plc engages in the manufacture of fiber cement siding and backerboard. It operates through the following segments: North America Fiber Cement, International Fiber Cement, Other Businesses and Research and Development. The North America Fiber Cement segment manufactures fiber cement interior linings, exterior siding products, and related accessories in the United States. The International Fiber Cement segment comprises of all fiber cement products manufactured in Australia, New Zealand, and the Philippines, and sold in Australia, New Zealand, Asia, the Middle East, and various Pacific Islands. The Other Businesses segment focuses in the certain non-fiber cement manufacturing and sales activities in North America, including fiberglass windows. The Research and Development segment represents the cost incurred by the research and development centers. The company was founded in 1888 and is headquartered in Dublin, Ireland.

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