BUZZ-Australia's James Hardie on track for weakest trading week in 5 years

Reuters
03-28
BUZZ-Australia's James Hardie on track for weakest trading week in 5 years

** Shares of James Hardie JHX.AX set for their weakest trading week since mid-March 2020

** Stock down 16.7% so far this week, set for third week of consecutive losses

** Fibre-cement maker announces $8.75 billion to buy U.S. artificial decking maker AZEK AZEK.N earlier in the week

** Morgan Stanley analysts note the deal to have "a heavy premium and elevated multiple", anticipating market to be skeptical of revenue synergy targets

** YTD, stock is down 22%

(Reporting by Sneha Kumar in Bengaluru)

((Sneha.Kumar@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10