Bank of America Securities Maintains Buy Rating on James Hardy Industries
Businessinsider
1h ago
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Bank of America Securities analyst Rafe Jadrosich maintained a buy rating on James Hardy Industrial Company on Thursday. Wall Street as a whole gave the stock a unanimous 'strong buy' rating, with an average target price of $34.19; the company's latest quarterly revenue was $1.43 billion, and net profit was $151 million.
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Bank of America Securities analyst Rafe Jadrosich maintained a “buy” rating on James Hardy Industries Corporation ( James Hardie Industries PLC ) on Thursday. The company’s stock closed at $27.85 on Thursday.

Jadrosich covers the consumption cycle sector, with a focus on stocks such as Somnigroup International, Whirlpool (Whirlpool), and DR Horton. According to TipRanks data, the average return rate of Jadrosich is 8.2%, and the success rate of the recommended stocks is 56.01%.

Overall, Wall Street analysts have unanimously rated James Hardy Industrial Company as a "strong buy," with an average target price of $34.19, which indicates a potential upside of 22.76% from the current level. Oppenheimer also reiterated a "buy" rating for the stock in a report released on Thursday, setting a target price of $36.00.

According to the latest financial report for the quarter ending September 30 from James Hardy Industrial Company, the company's quarterly revenue was $1.43 billion, with a net profit of $151 million. In contrast, during the same period last year, the company's revenue was $1.29 billion, and the net loss calculated using U.S. Generally Accepted Accounting Principles (GAAP) was $55.8 million.

Based on the trading activities of 25 company insiders recently, their sentiment towards this stock is generally negative. This indicates that during the past quarter, there has been an increase in the number of insiders selling JHX shares compared to earlier this year. The most recent instance occurred in August 2026, when Jonathan Skelly, the President of JHX's North American business, sold 65,000 shares for a total transaction amount of $1,979,750.

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