Wall Street Analysts Predict a 27.2% Upside in James Hardie (JHX): Here's What You Should Know

Group 1 - James Hardie (JHX) shares have increased by 8.5% over the past four weeks, closing at $21.36, with a mean price target of $27.17 indicating a potential upside of 27.2% [1] - The average price targets from analysts range from a low of $25.00 to a high of $30.00, with a standard deviation of $1.83, suggesting a potential increase of 17% to 40.5% from the current price [2] - Analysts have shown strong agreement in revising earnings estimates higher, with a 9.8% increase in the Zacks Consensus Estimate for the current year, indicating positive sentiment towards JHX's earnings prospects [11][12] Group 2 - JHX holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates, which supports the stock's potential upside [13] - While price targets are often viewed as unreliable indicators, the direction implied by these targets suggests a positive outlook for JHX [14]