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James Hardie Industries (JHX) Stock Forecast & Price Target

$30.99
-5.60 (-15.30%)
(As of 05/21/2024 ET)

James Hardie Industries - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 4 Analyst Ratings

Consensus Price Target

$35.50
14.55% Upside
High Forecast$35.50
Average Forecast$35.50
Low Forecast$35.50
TypeCurrent Forecast
5/22/23 to 5/21/24
1 Month Ago
4/22/23 to 4/21/24
3 Months Ago
2/21/23 to 2/21/24
1 Year Ago
5/22/22 to 5/22/23
Consensus Rating
Hold
Reduce
Reduce
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
2 Buy rating(s)
Hold
2 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$35.50$35.50$35.50$29.80
Forecasted Upside14.55% Upside-6.97% Downside-6.97% Downside50.58% Upside
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JHX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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JHX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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James Hardie Industries Stock vs. The Competition

TypeJames Hardie IndustriesConstruction CompaniesS&P 500
Consensus Rating Score
2.00
2.53
2.49
Consensus RatingHoldModerate BuyHold
Predicted Upside14.55% Upside71.30% Upside8.22% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/21/2024Macquarie
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 UpgradeNeutral ➝ Outperform
5/21/2024JPMorgan Chase & Co.
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 DowngradeOverweight ➝ Neutral
1/23/2024Bank of America
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 DowngradeNeutral ➝ Underperform$35.50-6.97%
8/8/2023Jefferies Financial Group
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 UpgradeUnderperform ➝ Hold
2/15/2023CLSA
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 DowngradeOutperform ➝ Underperform
2/1/2023The Goldman Sachs Group
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 Initiated CoverageBuy
11/8/2022Royal Bank of Canada
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 DowngradeOutperform ➝ Sector Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 11:58 PM ET.

JHX Frequently Asked Questions

What is James Hardie Industries's stock forecast and purchase recommendation?

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for James Hardie Industries is $35.50, with a high forecast of $35.50 and a low forecast of $35.50. The consensus rating for James Hardie Industries stock is Reduce based on the current 1 sell rating, 2 hold ratings and 1 buy rating for JHX. Learn more on JHX's analyst rating history.

Do Wall Street analysts like James Hardie Industries more than its competitors?

Analysts like James Hardie Industries less than other "construction" companies. The consensus rating for James Hardie Industries is Hold while the average consensus rating for "construction" companies is Moderate Buy. Learn more on how JHX compares to other companies.

Is James Hardie Industries being upgraded or downgraded by Wall Street analysts?

Over the previous 90 days, James Hardie Industries's stock had 1 upgrade and 1 downgrade by analysts.

Does James Hardie Industries's stock price have much downside?

According to analysts, James Hardie Industries's stock has a predicted downside of -6.97% based on their 12-month stock forecasts.

What analysts cover James Hardie Industries?

James Hardie Industries has been rated by research analysts at JPMorgan Chase & Co., and Macquarie in the past 90 days.


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This page (NYSE:JHX) was last updated on 5/21/2024 by MarketBeat.com Staff

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