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James Hardie ( (AU:JHX) ) has issued an update.
James Hardie Industries PLC has announced a new application for the quotation of securities on the Australian Securities Exchange (ASX). The announcement involves the issuance of CHESS Depositary Interests, which are part of an employee incentive scheme. This move could potentially enhance the company’s market presence and provide additional liquidity options for stakeholders.
The most recent analyst rating on (AU:JHX) stock is a Hold with a A$27.00 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 operates in the building materials industry, specializing in the production of fiber cement products. The company focuses on providing durable and sustainable building materials for residential and commercial construction markets.
YTD Price Performance: -48.49%
Average Trading Volume: 2,984,303
Technical Sentiment Signal: Sell
Current Market Cap: A$14.94B
For detailed information about JHX stock, go to TipRanks’ Stock Analysis page.