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James Hardie ( (AU:JHX) ) has issued an update.
James Hardie Industries has announced a change in the substantial holding of its shares, with AustralianSuper Pty Ltd now holding 5.75% of the company’s ordinary share capital. This represents a decrease from a previous holding of 6.04%, as disclosed earlier in the year. The adjustment in shareholding may impact the company’s investor dynamics and market perception.
The most recent analyst rating on (AU:JHX) stock is a Buy with a A$55.00 price target. To see the full list of analyst forecasts on James Hardie stock, see the AU:JHX Stock Forecast page.
More about James Hardie
James Hardie Industries plc is a company incorporated in Ireland, primarily operating in the building materials industry. The company is known for its production of fiber cement products, which are used in various construction applications. It focuses on providing durable and sustainable building solutions, catering to markets in the United States, Australia, and other regions.
Average Trading Volume: 3,459,687
Technical Sentiment Signal: Hold
Current Market Cap: A$17.53B
See more insights into JHX stock on TipRanks’ Stock Analysis page.