With a more favourable environment, JARDINE CYC.& CARR. improves to Slightly Positive
JARDINE CYC.& CARR. (SG), a company active in the Specialty Retailers industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date March 11, 2022, the closing price was SGD 22.86 and its potential was estimated at SGD 24.00.Jardine Cycle & Carriage is a member of the Jardine Matheson Group. Co. has an interest of over 50% in PT Astra International Tbk, an Indonesian conglomerate, as well as other interests in Southeast Asia. Co. acts as an investment holding company and a provider of management services. The principal activities of Co. and its subsidiaries are the manufacture, assembly, distribution and retail of motor vehicles and motorcycles, financial services, heavy equipment and mining, agribusiness, infrastructure, logistics and others, and information technology. Co. and its subsidiaries' other motor interests are engaged in Singapore, Malaysia, Indonesia, Vietnam and Myanmar.
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