Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY – Get Free Report) gapped up prior to trading on Friday. The stock had previously closed at $55.84, but opened at $58.76. Jardine Matheson shares last traded at $55.9875, with a volume of 299 shares changing hands.
Analyst Ratings Changes
JMHLY has been the topic of several research reports. Dbs Bank started coverage on Jardine Matheson in a research report on Monday, July 13th. They issued a “buy” rating on the stock. Zacks Research upgraded Jardine Matheson to a “hold” rating in a research note on Thursday, August 6th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $90.00.
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Jardine Matheson Stock Down 0.2%
About Jardine Matheson
Jardine Matheson Holdings Limited is a diversified Asian investment company with businesses spanning automotive, retail, property, engineering, hospitality and financial services. The group operates through a portfolio of established companies, including Jardine Motors Group, DFI Retail Group, Hongkong Land, Mandarin Oriental Hotel Group, Jardine Cycle & Carriage and Jardine Pacific.
Its businesses serve consumers and commercial customers across Hong Kong, mainland China, Southeast Asia and other international markets.
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