Baird Initiates Coverage on James Hardie Industries with Outperform Rating, Sets Price Target of $32.00

Tuesday, Jul 15, 2025 12:35 pm ET1min read

Baird analyst Timothy Wojs has initiated coverage on James Hardie Industries (JHX) with an "Outperform" rating and a price target of $32.00. This marks a significant development for the company, with a one-year target average of $31.50 and an 11.43% upside from the current price. The analyst's rating is based on the company's future growth prospects.

Baird analyst Timothy Wojs has initiated coverage on James Hardie Industries (JHX) with an "Outperform" rating and a price target of $32.00. This marks a significant development for the company, with a one-year target average of $31.50 and an 11.43% upside from the current price. The analyst's rating is based on the company's future growth prospects [2].

The analyst highlighted James Hardie's strong market position in the building materials sector, particularly in the roofing segment. Wojs noted that the company's strategic expansion and robust balance sheet support its growth potential through mergers and acquisitions. Additionally, the analyst pointed out the company's ability to maintain pricing power and cost advantages, which are crucial factors in the competitive building materials industry [2].

The Outperform rating comes at a time when James Hardie Industries is facing challenges in the U.S. market volumes and profitability in the cement sector. However, the analyst believes that the company's strong fundamentals and significant merger and acquisition opportunities outweigh these concerns [2].

Investors should carefully consider the analyst's perspective alongside other recent developments and their own investment strategies. James Hardie Industries' recent stock price movements and analyst ratings provide varied insights into the company's potential and challenges.

References:
[1] https://za.investing.com/news/analyst-ratings/bernstein-initiates-coverage-on-amrize-stock-with-outperform-rating-93CH-3784272
[2] https://www.benzinga.com/analyst-stock-ratings/initiation/25/07/46371605/this-harrow-analyst-begins-coverage-on-a-bullish-note-here-are-top-5-initiations-for-friday

Baird Initiates Coverage on James Hardie Industries with Outperform Rating, Sets Price Target of $32.00

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