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Australia Patent: JAMES HARDIE TECHNOLOGY Files Application for 'BUILDING CLADDING ELEMENTS AND SYSTEMS'

RBC rates James Hardie at sector perform and raises target AU$2 to AU$35, expects tough market to persist through most of fiscal 2024; company expects US single family new construction to be down 17%-23%, multifamily down 16%-25%, R&R down 11%-15% in 2023

Macquarie rates James Hardie at outperform, noting fiscal 2023 results in line with expectations, margin outcomes were strong; results signal good execution in tough market, and main risks driven by macro, such as potential US recession

Citi rates James Hardie at buy, noting fiscal 2023 financials in-line with forecasts, supported by better margins; in terms of regional performances, Asia Pacific and Europe delivered minor beats against small miss in North America

James Hardie Industries PLC (NYSE: JHX) Making Surprising Moves in Tuesday Session

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