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James Hardie ( (AU:JHX) ) has shared an update.
James Hardie Industries has announced a substantial holding notice as per the ASX Listing Rule 3.17.3, indicating a change in the voting rights attached to its shares. This development involves State Street Global Advisors and its affiliates, who have adjusted their holdings, resulting in a crossing of the 3% voting rights threshold. This change may impact the company’s shareholder dynamics and influence future decision-making processes.
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 is a company incorporated in Ireland, primarily involved in the manufacturing of fiber cement products. It operates in the building materials industry, focusing on providing durable and sustainable solutions for construction and renovation projects.
YTD Price Performance: -47.83%
Average Trading Volume: 2,715,109
Technical Sentiment Signal: Sell
Current Market Cap: A$15.13B
See more insights into JHX stock on TipRanks’ Stock Analysis page.