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Australian-listed James Hardie said it is buying The Azek Co. for $8.75 billion in cash ... “The consumer journeys for siding and decking often overlap and both companies have excelled at ...
Loop Capital raised the firm’s price target on Azek (AZEK) to $53 from $49 and keeps a Hold rating on the shares as part of a broader research note on Decking. The firm notes that its survey ...
Azek (NYSE:AZEK) on Wednesday was upgraded to ... “We believe the composite decking industry is poised to recover in 2H23,” Rafe Jadrosich, analyst at BofA, said in an April 19 report.
Shares in AZEK jumped after the maker of home decking, railings and pergolas agreed to be bought by James Hardie Industries in an $8.75 billion cash-and-stock deal. Shares in the buyer ...
James Hardie Industries, a fiber-cement siding producer, said late Sunday that it agreed to buy Azek, a maker of composite decking, railing and pergolas, in a cash-and-stock deal worth $8.75 billion.
and a positive view on secular growth tailwinds in composite decking for the upgrade. Citi expects Azek’s sales and margin growth to outperform Trex (TREX) in 2025, while consensus ...
Building materials company James Hardie Industries has agreed to buy AZEK, a maker of home decking, railing and pergolas, in a cash-and-stock deal worth $8.75 billion. The deal is a doubling down ...
BOISE, Idaho — AZEK unveiled its new facility in Boise, where the company will be making outdoor living products in an eco-friendly way. AZEK, based out of Chicago, is a lead in composite ...