Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY – Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 19,136 shares were traded during trading, an increase of 38% from the previous session’s volume of 13,835 shares.The stock last traded at $62.2550 and had previously closed at $61.9750.
Wall Street Analysts Forecast Growth
Separately, Morgan Stanley assumed coverage on shares of Jardine Matheson in a report on Friday, May 15th. They set an “overweight” rating and a $90.00 price target for the company. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to MarketBeat, Jardine Matheson currently has an average rating of “Strong Buy” and a consensus target price of $90.00.
Check Out Our Latest Research Report on JMHLY
Jardine Matheson Trading Up 0.5%
About Jardine Matheson
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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