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The latest announcement is out from James Hardie ( (AU:JHX) ).
James Hardie Industries PLC announced the issuance of 8,519 unquoted ordinary shares as part of a transaction previously disclosed to the market. This move is part of the company’s ongoing financial strategies and could impact its market positioning by potentially increasing shareholder value and enhancing capital structure.
The most recent analyst rating on (AU:JHX) stock is a Buy with a A$40.00 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, primarily focusing on the manufacturing and distribution of fiber cement products. The company is known for its innovative solutions in the construction sector, catering to both residential and commercial markets.
YTD Price Performance: -44.88%
Average Trading Volume: 2,846,322
Technical Sentiment Signal: Sell
Current Market Cap: A$15.97B
For a thorough assessment of JHX stock, go to TipRanks’ Stock Analysis page.