Analysis: Jarden (NYSE:JAH) Target Increased Today
In a recent report revealed by Citigroup on Friday morning, the firm, Jarden (NYSE:JAH), had their PT lowered to $56.00. Analusts now have a solid Buy rating on the stock.
From a total of 16 analysts covering Jarden (NYSE:JAH) stock, 17 rate it a ”Buy”, 0 a “Sell”, and 1 a ”Hold”. This means that 94% of the ratings are positive. The highest target price is $65 while the lowest target price is $54. The mean of all analyst targets is $59.88 with a 27.10% above today’s ($48.31) stock price. Jarden was the topic of 6 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. Barclays Capital initiated shares on November 9 with “Overweight” rating. Sterne Agee CRT initiated JAH stock in a recent report from July 21 with “Buy” rating.
The stock increased 1.62% or $0.77 on December 4, striking $48.31. Approximately shares of stock traded hands. Jarden Corp (NYSE:JAH) has declined 5.72% since May 4, 2015 and is downtrending. It has underperformed by 4.64% the S&P500.
Jarden Corporation is a global consumer products company. The company has a market cap of $10.65 billion. The Firm operates in three primary business divisions: Branded Consumables, Consumer Solutions and Outdoor Solutions. It has 42.89 P/E ratio. The Branded Consumables segment makes or sources, markets and distributes branded consumer products.
According to Zacks Investment Research, “Jarden Corporation is a leading provider of niche consumer products used in home food preservation.” Get a free copy of the Zacks research report on Jarden Corp (JAH).