Shares of Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY – Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $62.30, but opened at $64.2745. Jardine Matheson shares last traded at $64.2745, with a volume of 524 shares changing hands.
Analyst Ratings Changes
Separately, Morgan Stanley assumed coverage on shares of Jardine Matheson in a research note on Friday, May 15th. They set an “overweight” rating and a $90.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to MarketBeat.com, Jardine Matheson has a consensus rating of “Strong Buy” and an average target price of $90.00.
Check Out Our Latest Stock Report on Jardine Matheson
Jardine Matheson Stock Performance
Jardine Matheson Company Profile
Jardine Matheson Holdings Limited is a Bermuda-registered investment holding company with a primary listing on the Hong Kong Stock Exchange and American depositary shares trading on the OTC Markets under the symbol JMHLY. Established in 1832 by William Jardine and James Matheson, the group has evolved from a trading house in Canton to a diversified conglomerate with operations throughout Asia.
The company holds controlling interests in a portfolio of businesses spanning property, retail, hospitality, automotive, and engineering.
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