A statement released earlier today by Citigroup about Jabil Circuit Inc. (NYSE:JBL) bumps the target price to $18.00
- Updated: September 22, 2016
Having a price of $22.56, Jabil Circuit Inc. (NYSE:JBL) traded -4.72% lower on the day. With the last close up 16.00% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Jabil Circuit Inc. has recorded a 50-day average of $21.27 and a two hundred day average of $19.49. Volume of trade was up over the average, with 2,662,269 shares of JBL changing hands over the typical 2,060,460
Stating as potential downside of -0.20%, Citigroup upped the price target of Jabil Circuit Inc. (NYSE:JBL) to $18.00
On 09/21/2016, UBS released a statement on Jabil Circuit Inc. (NYSE:JBL) upped the target price from $20.00 to $27.00 that suggested an upside of 0.17%.
With a total market value of $0, Jabil Circuit Inc. has price-earnings ratio of 14.42 with a one year low of $16.78 and a one year high of $26.00 .
A total of 10 analysts have released a report on Jabil Circuit Inc.. Two analysts rating the company a strong buy, three analysts rating the company a buy, six analysts rating the company a hold, zero analysts rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of $22.10.
More About Jabil Circuit Inc. (NYSE:JBL)
Jabil Circuit, Inc. provides electronic manufacturing services and solutions. The Company provides electronic design, production and product management services to companies in the aerospace, automotive, computing, defense, digital home, energy, healthcare, industrial, instrumentation, lifestyles, mobility, mold, networking, packaging, peripherals, storage, telecommunications and wearable technology industries. The Company's operating segments include Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS). The EMS segment is focused around leveraging information technology (IT), supply chain design and engineering, technologies centered on core electronics. The DMS segment is focused on providing engineering solutions, heavy participation in consumer markets, access to higher growth markets and a focus on material sciences and technologies.
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