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Jarden Reaffirms Their Hold Rating on Brambles (BMBLF)

Jarden Reaffirms Their Hold Rating on Brambles (BMBLF)

Jarden analyst Jakob Cakarnis maintained a Hold rating on Brambles yesterday and set a price target of A$21.65. The company's shares closed yesterday at $15.13.
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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.
Currently, the analyst consensus on Brambles is a Moderate Buy with an average price target of $14.14.
Based on Brambles 's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.48 billion and a net profit of $446.2 million. In comparison, last year the company earned a revenue of $3.42 billion and had a net profit of $391.3 million
Based on the recent corporate insider activity of 11 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 BMBLF in relation to earlier this year.
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