In a report released today, Mark Argento from Lake Street maintained a Buy rating on Jerash Holdings (US) (JRSH – Research Report), with a price target of $5.00. The company’s shares closed yesterday at $3.06.
According to TipRanks, Argento is a 4-star analyst with an average return of 15.1% and a 42.45% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Jerash Holdings (US) with a $5.00 average price target.
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The company has a one-year high of $4.76 and a one-year low of $2.77. Currently, Jerash Holdings (US) has an average volume of 17.25K.
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Jerash Holdings (US) (JRSH) Company Description:
Jerash Holdings (US), Inc. operates as a holding company. It engages in manufacturing customized ready-made outerwear from knitted fabric and exporting produced apparel for retailers such as Walmart, Costco, Sears, Hanes, Columbia, Land’s End, VF Corp., and Philip-Van Heusen. The firm offers trousers and urban styling outerwear and different types of natural and synthetic materials. The company was founded in January 2016 and is headquartered in Rochester, NY.
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