Jarden Corp. Given Consensus Recommendation of “Buy” by Brokerages (NYSE:JAH)
Jarden Corp. (NYSE:JAH) has received an average rating of “Buy” from the eleven brokerages that are presently covering the company, AnalystRatings.Net reports. One analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $68.84.
A number of research firms have recently commented on JAH. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Jarden Corp. in a research note on Wednesday, July 30th. They now have a $69.00 price target on the stock, up previously from $67.00.
Jarden Corp. (NYSE:JAH) opened at 56.02 on Friday. Jarden Corp. has a one year low of $42.88 and a one year high of $64.01. The stock’s 50-day moving average is $58.13 and its 200-day moving average is $58.6. The company has a market cap of $7.181 billion and a P/E ratio of 36.66.
Jarden Corp. (NYSE:JAH) last announced its 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.
Jarden Corporation (NYSE:JAH) is a global consumer products company.
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