https://www.gurufocus.com/news/2950288/william-blair-initiates-coverage-on-james-hardie-industries-jhx-jhx-stock-news
On June 27, 2025, William Blair initiated coverage on James Hardie Industries (JHX, Financial) with an "Outperform" rating. The coverage was announced by analyst Ryan Merkel, focusing on JHX's strategic position within the construction materials industry.
James Hardie Industries, a leading building materials company, is renowned for its innovative fiber cement products. The newly assigned "Outperform" rating suggests that William Blair anticipates the company's stock to perform favorably against market expectations.
As of this report, there is no specified price target set by William Blair for JHX. Investors and market observers will be keenly watching for any future updates regarding potential target price adjustments.
This initiation of coverage by a notable financial services firm such as William Blair may signal confidence in the growth prospects of James Hardie Industries (JHX, Financial), providing crucial insights for stakeholders and potential investors looking to make informed decisions.
Based on the one-year price targets offered by 2 analysts, the average target price for James Hardie Industries PLC (JHX, Financial) is $31.50 with a high estimate of $35.00 and a low estimate of $28.00. The average target implies an upside of 22.24% from the current price of $25.77. More detailed estimate data can be found on the James Hardie Industries PLC (JHX) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, James Hardie Industries PLC's (JHX, Financial) average brokerage recommendation is currently 1.5, indicating "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for James Hardie Industries PLC (JHX, Financial) in one year is $35.40, suggesting a upside of 37.37% from the current price of $25.77. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the James Hardie Industries PLC (JHX) Summary page.
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