Morningstar Slashes James Hardie Fair Value by 13% Amid Concerns Over Azek Buyout

Fri 23 May 25, 12:59 AM | Team Kalkine

Image source: Shutterstock

Highlights

Morningstar cuts James Hardie's fair value estimate to AU$48, citing weak outlook for Azek.

Company reports a 9% drop in FY adjusted net income, sparking investor caution.

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