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Jerash (US) : JRSH) - Initiation of Research Coverage

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12/07/2018 | 06:42am EDT

NEW YORK, NY / ACCESSWIRE / December 7, 2018 / Lake Street Capital Markets Analyst Mark Argento initiated coverage of Jerash Holdings (US), Inc. (NASDAQ: JRSH), with a BUY rating and price target of $11.00. Jerash is a manufacturer utilized by many well-known brands and retailers, such as The North Face, Columbia, VF Corporation, Philip-Van Heusen, Walmart, Costco, Land's End, and others. Its production facilities are made up of three factory units and two warehouses with total annual capacity of approximately 6.5 million pieces. Jerash's Jordanian manufacturing facilities are located in a United States Qualifying Industrial Zone (QIZ), which provides for duty-free movement of industrial goods between Jordan and the US provided. Additionally, Jerash is engaged in a number of socially responsible initiatives designed to ensure safe, rewarding employment practices of global textile workers and providing employment to Syrian refugees housed in United Nations camps in Jordan. Additional information is available at http://www.jerashholdings.com.

Contact:
Matt Kreps, Darrow Associates Investor Relations
(214) 597-8200
mkreps@darrowir.com

SOURCE: Jerash Holdings (US), Inc.

View source version on accesswire.com:
https://www.accesswire.com/529928/Jerash-Holdings-US-Inc-JRSH--Initiation-of-Research-Coverage

Disclaimer

Jerash Holdings (US) Inc. published this content on 07 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 December 2018 11:41:05 UTC

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