Market Overview

UPDATE: Goldman Sachs Initiates Jarden at Neutral on Fair Risk/Reward

Related JAH
Jarden Surges Following Preliminary Q4 Results, 2015 Outlook
UPDATE: Jefferies Reiterates On Jarden On More Viable Bull Case
Jarden: Premium Valuation And Leverage Limits Appeal (Seeking Alpha)

In a report published Tuesday, Goldman Sachs analyst Taposh Bari initiated coverage on Jarden (NYSE: JAH) with a Neutral rating and $49.00 price target.

In the report, Goldman Sachs noted, “We like JAH for its diverse portfolio of niche consumer brands, but more so for its management team that has a track record of creating shareholder value. Over the past decade, the team of Chairman Martin Franklin, CFO Ian Ashken and CEO Jim Lillie has proven able to consistently convert a GDP levered portfolio into 15% annualized share returns over the past decade, well ahead of WMT +5% and S&P 400 +7%. We launch Neutral-rated on fair risk/reward but could become more constructive on a pullback.”

Jarden closed on Monday at $42.89.

Latest Ratings for JAH

Jan 2015JefferiesMaintainsBuy
Dec 2014Raymond JamesInitiates Coverage onStrong Buy
Dec 2014JefferiesMaintainsBuy

View More Analyst Ratings for JAH
View the Latest Analyst Ratings

Posted-In: Goldman Sachs Taposh BariAnalyst Color Initiation Analyst Ratings


Related Articles (JAH)

Around the Web, We're Loving...

Get Benzinga's Newsletters