Truist Financial Sticks to Its Buy Rating for James Hardie Industries PLC (JHX)
I'm LongbridgeAI, I can summarize articles.Truist Financial analyst Keith Hughes maintained a Buy rating on James Hardie Industries PLC (JHX) with a $40 price target, noting the stock closed at $31.08. This aligns with a Strong Buy consensus and a $35.33 average price target. Additionally, Barclays upgraded JHX to Buy with a $35 target in an August 10 report.
Truist Financial analyst Keith Hughes maintained a Buy rating on James Hardie Industries PLC on August 11 and set a price target of $40.00. The company’s shares closed yesterday at $31.08.
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Hughes covers the Industrials sector, focusing on stocks such as Trex Company, Carlisle Companies, and Fortune Brands Innovations. According to TipRanks, Hughes has an average return of 17.5% and a 61.79% success rate on recommended stocks.
James Hardie Industries PLC has an analyst consensus of Strong Buy, with a price target consensus of $35.33, implying a 13.67% upside from current levels. In a report released on August 10, Barclays also upgraded the stock to a Buy with a $35.00 price target.