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James Hardie Receives Substantial Holding Notice

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James Hardie Receives Substantial Holding Notice

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James Hardie ( (AU:JHX) ) just unveiled an update.

James Hardie Industries has received a substantial holding notice concerning the acquisition or disposal of voting rights by State Street Global Advisors and its affiliates. This development indicates a shift in the ownership structure, which could potentially impact the company’s governance and strategic decisions.

The most recent analyst rating on (AU:JHX) stock is a Buy with a A$39.00 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 is a company incorporated in Ireland, specializing in the manufacturing of fiber cement products, primarily serving the construction industry. The company is known for its innovative building materials and has a significant market presence in the USA, Australia, and Europe.

Average Trading Volume: 3,239,764

Technical Sentiment Signal: Sell

Current Market Cap: A$16.37B

For detailed information about JHX stock, go to TipRanks’ Stock Analysis page.

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