Shares of James Hardie Industries PLC (NYSE:JHX) reached a new 52-week high during trading on Monday . The stock traded as high as $17.00 and last traded at $16.91, with a volume of 13,437 shares changing hands. The stock had previously closed at $16.20.

JHX has been the topic of several analyst reports. Zacks Investment Research raised shares of James Hardie Industries PLC from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a research report on Tuesday. Citigroup Inc. raised shares of James Hardie Industries PLC from a “sell” rating to a “neutral” rating in a research report on Monday.

The stock’s 50 day moving average price is $16.16 and its 200 day moving average price is $14.40. The stock has a market cap of $7.50 billion and a P/E ratio of 27.59.

James Hardie Industries Plc is a manufacturer of fiber cement products and systems for internal and external building construction applications. The Company’s brand names include HardieBacker, Artisan Lap, Artisan Accent Trim, Cemplank, Prevail and Scyon. Its products include external siding, internal walls, floors, ceilings, soffits, roofing, lattice, decorative columns, fencing and facades.

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