Oppenheimer Reiterates Outperform on James Hardie Industries, Maintains $36 Price Target
Oppenheimer analyst Tyler Batory reiterates James Hardie Industries (NYSE:JHX) with a Outperform and maintains $36 price target.
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James Hardie Industries To Sell European Fermacell Business To Holcim For €840 Million; Intends To Close European Fiber Cement Business To Enhance Focus On Core Growth Regions; Launches $250M Buyback Program, To Further Align Portfolio With Company’s Long-Term Growth Strategy
Transaction expected to accelerate deleveraging, support return of capital to shareholders, and be accretive to margin profile and ROICSeparately, the Company also intends to close European fiber cement business to
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