Jabil Circuit, Inc. (NYSE:JBL) stock price target increased to $25.00, released a ratings update earlier today by Zacks Investment Research
- Updated: October 2, 2016
Zacks Investment Research bumped up the target of Jabil Circuit, Inc. (NYSE:JBL) to $25.00 indicating a possible upside of 0.14%.
Just yesterday Jabil Circuit, Inc. (NYSE:JBL) traded 0.32% higher at $21.92. The company’s 50-day moving average is $21.54 and its 200-day moving average is $19.53. With the last stock price close up 11.73% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. Trade Volume was up over the average, with 2,154,975 shares of JBL changing hands over the typical 2,095,740
With a total market value of $0, Jabil Circuit, Inc. has price-earnings ratio of 16.53 with a 52 week low of $16.78 and a 52 week high of $26.00 .
In addition to Zacks Investment Research reporting its stock price target, a total of 10 brokerages have issued a ratings update on the company. The average stock price target is $22.10 with 2 firms rating the stock a strong buy, 3 firms rating the stock a buy, 6 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 1 broker rating the stock a sell.
General Information 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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