Jarden Corp. Given Average Recommendation of “Buy” by Analysts (NYSE:JAH)
Shares of Jarden Corp. (NYSE:JAH) have been given a consensus recommendation of “Buy” by the eleven ratings firms that are presently covering the stock, AmericanBankingNews.com reports. One equities research analyst has rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $68.84.
Jarden Corp. (NYSE:JAH) traded up 0.25% during mid-day trading on Friday, hitting $56.04. The stock had a trading volume of 184,311 shares. Jarden Corp. has a 1-year low of $42.88 and a 1-year high of $64.01. The stock’s 50-day moving average is $58.25 and its 200-day moving average is $58.7. The company has a market cap of $6.898 billion and a price-to-earnings ratio of 36.73.
Jarden Corp. (NYSE:JAH) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.02. The company had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.97 billion. During the same quarter in the previous year, the company posted $0.88 earnings per share. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. On average, analysts predict that Jarden Corp. will post $3.94 earnings per share for the current fiscal year.
JAH has been the subject of a number of recent research reports. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Jarden Corp. in a research note on Wednesday. They now have a $69.00 price target on the stock, up previously from $67.00.
Jarden Corporation (NYSE:JAH) is a global consumer products company.
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