Robert W. Baird Upgrades Jacobs Engineering Group to “Outperform” (JEC)
Jacobs Engineering Group (NYSE:JEC) was upgraded by investment analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating in a note issued to investors on Thursday, TheFlyOnTheWall.com reports.
Shares of Jacobs Engineering Group (NYSE:JEC) opened at 62.99 on Thursday. Jacobs Engineering Group has a one year low of $43.30 and a one year high of $64.27. The stock has a 50-day moving average of $60.12 and a 200-day moving average of $59.07. The company has a market cap of $8.297 billion and a P/E ratio of 19.10.
Other equities research analysts have also recently issued reports about the stock. Analysts at Stephens initiated coverage on shares of Jacobs Engineering Group in a research note to investors on Thursday, December 19th. They set an “overweight” rating on the stock. Separately, analysts at Zacks upgraded shares of Jacobs Engineering Group from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, November 25th. They now have a $72.00 price target on the stock. Finally, analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Jacobs Engineering Group in a research note to investors on Wednesday, November 20th. They now have a $67.00 price target on the stock. Eleven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Jacobs Engineering Group has an average rating of “Hold” and a consensus price target of $63.77.
Jacobs Engineering Group Inc is a technical professional services firm. The Company provides a diverse range of technical, professional, and construction services to a number of industrial, commercial, and governmental clients.
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