James Hardie Sees Increased Stake by Wellington Management
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James Hardie (AU:JHX) announced that Wellington Management Group LLP increased its stake to 46,610,599 shares, up from 46,562,310 shares, reflecting strong investor confidence. The latest analyst rating for JHX stock is a Buy with a price target of A$39.00. James Hardie, headquartered in Dublin, specializes in fiber cement products for residential and commercial construction, with a current market cap of A$16.3B and an average trading volume of 3,265,468.
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