A statement released earlier today by UBS Securities about Jabil Circuit Inc. (NYSE:JBL) ups the target price to $27.00
- Updated: September 25, 2016
Yesterday Jabil Circuit Inc. (NYSE:JBL) traded -2.28% lower at $23.16. The company’s 50-day moving average is $21.38 and its two hundred day average is $19.51. With the last stock price close up 12.19% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Trade Volume was up over the average, with 3,723,690 shares of JBL changing hands over the typical 2,144,860
Stating as potential upside of 0.17%, UBS Securities upped the price target of Jabil Circuit Inc. (NYSE:JBL) to $27.00
Previously on 9/20/2016, Goldman Sachs released a statement on Jabil Circuit Inc. (NYSE:JBL) increased the target price from $16.00 to $21.00. At the time, this indicated a possible downside of -0.09%.
Recent Performance Chart
Jabil Circuit Inc. has 52 week low of $16.78 and a 52 week high of $26.00 with a P/E ratio of 16.58 and has a total market value of $0.
A total of 10 equity analysts have released a research note on JBL. Two equity analysts rating the company a strong buy, three equity analysts rating the company a buy, six equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $22.10.
Brief Synopsis 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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