** Jarden analysts lower Australia's Endeavour FY24 net profit after tax forecast, reflecting a subdued market
** Target price cut to A$6.30 from A$6.40
** Brokerage says firm's 3Q sales was in line with estimates but adds, "market backdrop remains subdued"
** Jarden sees some improvement in the market into FY25
** Ten of 14 analysts rate the stock "buy" or higher, three "hold" and one "sell" or lower; their median PT is A$5.96 – LSEG data
** Stock has risen over 0.5% this year, as of last close
(Reporting by Rajasik Mukherjee in Bengaluru)
((Rajasik.Mukherjee@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments