Macquarie downgraded Jardine Matheson (JMHLY) to Neutral from Outperform with a price target of $46.20, up from $44. The firm lowered its “clean EPS” estimates by 7% and 12%, respectively, in 2025 and 2026 to reflect subsidiary earnings changes and says “upside has narrowed” to its revised price target
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off