James Hardie stock price jumps 7% after receiving "outperform" rating and $33 price target.

From Yahoo Finance: 2025-06-28 10:24:00

James Hardie Industries plc (NYSE:JHX) saw a 7.06% jump in its stock price, closing at $27.59 on Friday after receiving an “outperform” rating and $33 price target from William Blair. The company is noted for its strong position in the siding and composite decking categories, with potential sales growth of 10-12% and EBITDA growth of 12-15%.

The acquisition of The AZEK Company for $8.8 billion in March has further bolstered James Hardie’s position as a leading player in exterior and outdoor living building products. Analysts believe in the company’s growth potential, but some see greater promise in AI stocks for higher returns and limited downside risk.

For more insights on AI stocks and billionaire investment strategies, visit Insider Monkey’s website. Disclosure: None.

Read more: James Hardie (JHX) Jumps 7% as Analyst Turns Bullish