SJM (OTCMKTS:SJMHF) Upgraded by Sanford C. Bernstein to Market Perform
Sanford C. Bernstein upgraded shares of SJM (OTCMKTS:SJMHF) from an underperform rating to a market perform rating in a research report report published on Thursday morning, The Fly reports.
A number of other brokerages also recently issued reports on SJMHF. Morgan Stanley raised SJM from an underweight rating to an equal weight rating in a research note on Wednesday, June 5th. JPMorgan Chase & Co. downgraded SJM from an overweight rating to a neutral rating in a research note on Wednesday, June 5th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of Hold.
Shares of SJMHF stock traded up $0.02 during trading hours on Thursday, reaching $1.05. 1,650 shares of the company’s stock were exchanged, compared to its average volume of 166. The company’s 50 day moving average is $1.03 and its two-hundred day moving average is $1.13. SJM has a 1 year low of $0.82 and a 1 year high of $1.37.
SJM Holdings Limited, an investment holding company, develops and operates casinos and related facilities in Macau Special Administrative Region, the People's Republic of China. It operates in two segments, Gaming Operations; and Hotel, Catering and Retail Operations. The Gaming Operations segment engages in VIP gaming, mass market table gaming, slot machine, and other gaming operations.
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