Analysts positive on James Hardie's Q2 results, Macquarie raises price target

James Hardie Industries

18/11/2025 23:04

** Analysts at Macquarie and Citi are upbeat on fibre cement maker James Hardie's JHA1.F, JHX.AX Q2 earnings

** Macquarie says co's net profit after tax came in stronger than expected

** Adds, "business is well positioned to gain from any volume improvement"

** Macquarie rates stock "outperform"; hikes price target to A$41.70 from A$40.60

** Citi analysts say co's Q2 EBITDA was at top end of pre-guided range

** "Overall, while markets remain challenged, expectations appear achievable through FY27" — Citi

** Eight of 13 analysts rate the stock "buy" or higher, five "hold"; their median PT is A$37.50 — LSEG data

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))