##{"id":50814,"date":"2016-11-10T10:33:23","date_gmt":"2016-11-09T23:33:23","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2016\/11\/10\/treasure-chest-james-hardie-election-outperformer\/"},"modified":"2016-12-09T06:18:53","modified_gmt":"2016-12-08T19:18:53","slug":"treasure-chest-james-hardie-election-outperformer","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2016\/11\/10\/treasure-chest-james-hardie-election-outperformer\/","title":{"rendered":"Treasure Chest: James Hardie Election Outperformer"},"content":{"rendered":"

By Greg Peel<\/p>\n

Citi’s analysis of the US presidential cycle reveals James Hardie ((JHX)) has on average outperformed the the ASX200 in each first year post-election since 1994.<\/p>\n

The broker has long contended James Hardie maintains an appeal as a high margin, high quality building materials company with leverage to the modest but ongoing US housing recovery.<\/p>\n

The recent pullback in stock price provides a rare opportunity, the broker declares, to upgrade its recommendation to Buy from Neutral on an unchanged $20.50 target, which suggests an expected total return of 16.3% for the year ahead.<\/p>\n

Ord Minnett also cited the pullback in share price in upgrading its recommendation for James Hardie last week, albeit to Hold from Lighten.<\/p>\n

Otherwise, the FNArena database currently shows five Buy and two Hold or equivalent ratings for the stock and a $21.54 consensus target.
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Find out why FNArena subscribers like the service so much: "Your Feedback (Thank You)<\/a>" – Warning this story contains unashamedly positive feedback on the service provided.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Citi notes James Hardie has a history of outperforming in the first year of a US election cycle.<\/p>\n","protected":false},"author":8,"featured_media":50815,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/50814"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=50814"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/50814\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media\/50815"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=50814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=50814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=50814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}