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Jarden Sticks to Their Hold Rating for Aurizon Holdings (QRNNF)

Jarden Sticks to Their Hold Rating for Aurizon Holdings (QRNNF)

Jarden analyst Jakob Cakarnis maintained a Hold rating on Aurizon Holdings yesterday and set a price target of A$3.10. The company's shares closed last Tuesday at $1.95.
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Cakarnis covers the Industrials sector, focusing on stocks such as Brambles , ALS, and Aurizon Holdings. According to TipRanks, Cakarnis has an average return of 10.6% and a 68.42% success rate on recommended stocks.
In addition to Jarden, Aurizon Holdings also received a Hold from Morgans's Nathan Lead in a report issued on June 27. However, on the same day, Morgan Stanley downgraded Aurizon Holdings (Other OTC: QRNNF) to a Sell.
QRNNF market cap is currently $3.62B and has a P/E ratio of 13.45.
Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of QRNNF in relation to earlier this year.
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