Jerash Holdings (US) Inc (JRSH) Receives Average Recommendation of “Strong Buy” from Brokerages
Shares of Jerash Holdings (US) Inc (NASDAQ:JRSH) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Brokerages have set a 12-month consensus price target of $10.00 for the company and are predicting that the company will post $0.04 earnings per share for the current quarter, according to Zacks. Zacks has also given Jerash Holdings (US) an industry rank of 155 out of 255 based on the ratings given to its competitors.
Separately, Roth Capital started coverage on Jerash Holdings (US) in a report on Monday, February 25th. They set a “buy” rating and a $10.00 price objective for the company.
Shares of JRSH stock opened at $7.42 on Friday. Jerash Holdings has a 1 year low of $4.77 and a 1 year high of $11.00.
About Jerash Holdings (US)
Jerash Holdings (US), Inc, through its subsidiaries, manufactures and exports customized and ready-made sports and outerwear. The company offers jackets, polo shirts, crew neck shirts, pants, and shorts made from knitted fabric. It serves various brand-name retailers in the United States, Jordan, and internationally.
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