Jacobs Engineering Group Inc (NYSE:JEC) has been upgraded to Hold in a report by Zacks Investment Research today.
- Updated: November 28, 2016
Zacks Investment Research has upgraded Jacobs Engineering Group Inc (NYSE:JEC) to Hold in a statement released on 11/28/2016.
Having a price of $62.17, Jacobs Engineering Group Inc (NYSE:JEC) traded 0.01% higher on the day. With the last close up 19.32% from the two hundred day average, compared to the S&P 500 which has decreased -0.03% over the same time. JEC has recorded a 50-day moving average of $53.28 and a 200-day moving average of $52.11. 467,248 shares of the stock traded hands, down from an average volume of 864,361
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Jacobs Engineering Group Inc has a 52 week low of $34.76 and a 52 week high of $62.62 with a P/E ratio of 36.04 The company’s market cap is currently $0.
Also covering Jacobs Engineering Group Inc's price target, a total of 16 analysts have released a report on Jacobs Engineering Group Inc. The 12-month price target is $49.69 with four equity analysts rating the company a strong buy, 5 brokers rating the stock a buy, 8 brokers rating the stock a hold, 2 firms rating the stock a underperform, and finally zero brokerages rating the company a sell.
General Company Details For Jacobs Engineering Group Inc (NYSE:JEC)
Jacobs Engineering Group Inc. is a technical professional services company. The Company provides a range of technical, professional and construction services to industrial, commercial and governmental clients. The Company's services include Project Services; Process, Scientific, and Systems Consulting Services; Construction Services, and Operations and Maintenance Services. It operates four lines of business (LOBs): Petroleum and Chemicals; Buildings and Infrastructure; Aerospace and Technology, and Industrial. It caters its services to various sectors, such as oil and gas exploration, production and refining; chemicals and polymers; programs for various national governments, including aerospace, defense, and environmental programs; buildings; infrastructure and telecommunications; mining and minerals; pharmaceuticals and biotechnology; power; pulp and paper; technology and manufacturing, and food and consumer products.
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