Sidoti downgraded John Bean Technologies Corp (NYSE:JBT) to Neutral in a report released today.
- Updated: December 1, 2016
Just yesterday John Bean Technologies Corp (NYSE:JBT) traded -5.65% lower at $85.20. John Bean Technologies Corp’s 50-day average is $79.73 and its two hundred day average is $68.87. With the last stock price up 23.56% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Volume of trade was up over the average, with 344,981 shares of JBT changing hands over the typical 165,709
Sidoti has downgraded John Bean Technologies Corp (NYSE:JBT) to Neutral in a report released on 12/01/2016.
On 11/1/2016, Zacks Investment Research reported about John Bean Technologies Corp (NYSE:JBT) raised the target price from $0.00 to $92.00. At the time, this indicated a possible upside of 0.15%.
Recent Performance Chart
With a total market value of $0, John Bean Technologies Corp has PE ratio of 38.73 with a one year low of $41.35 and a one year high of $91.85 .
Brief Synopsis About John Bean Technologies Corp (NYSE:JBT)
John Bean Technologies Corporation (JBT) is a technology solutions provider to the segments of the food processing and air transportation industries. The Company designs, manufactures, tests and services technological systems and products. It operates through two segments. The JBT FoodTech segment designs, manufactures services and food processing systems used for fruit juice production, frozen food production, in-container food production and convenience food preparation, among others by the food industry. The product offerings of its FoodTech businesses include Protein, Liquid Foods and Automated Systems. The JBT AeroTech segment designs, manufactures and services airport ground support and gate equipment and provides services for airport authorities; airlines, airfreight and ground handling companies; the defense contractors, and other industries. The product offerings of its AeroTech businesses include Mobile Equipment, Fixed Equipment and Airport Services.
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