Brambles Stock Rating Reaffirmed by JPMorgan Chase (BXB)

JPMorgan Chase reissued their overweight rating on shares of Brambles (ASX: BXB) in a research report released on Wednesday morning, Stock Ratings Network.com reports. JPMorgan Chase currently has a €10.02 ($13.01) price objective on the stock.

Shares of Brambles (ASX: BXB) opened at 9.010 on Wednesday. Brambles has a 52 week low of A$6.040 and a 52 week high of A$9.530. The stock’s 50-day moving average is currently A$8.88. The company has a market cap of A$14.025 billion and a P/E ratio of 21.79.

Brambles Limited is a pooling solutions company. The Company operates in four segments: Pallets, RPCs, Containers and Recall.