Stock Name: JMH USD
Company Name: JARDINE MATHESON HLDGS LTD
Stock Name: JSH USD
Company Name: JARDINE STRATEGIC HLDGS LTD
Company Name: JARDINE MATHESON HLDGS LTD
| Research House: Credit Suisse | Price Call: HOLD | Target Price: 61.00 |
Stock Name: JSH USD
Company Name: JARDINE STRATEGIC HLDGS LTD
| Research House: Credit Suisse | Price Call: HOLD | Target Price: 35.00 |
SINGAPORE (Nov 6): Credit Suisse is maintaining its "neutral" recommendations for both Jardine Matheson and Jardine Strategic with lower target prices of US$61 and US$35 respectively due to lower earnings forecasts for Astra International and the other business subsidiaries.
In a Nov 6 report, analysts Gerald Wong and Shih Haur Hwang said while underlying interim earnings for Jardine Matheson and Jardine Strategic from July 1 to Nov 4 remained in line with the same period in 2013, performance was mixed across its other businesses.
