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Standpoint Research upgraded Jabil Circuit, Inc. (NYSE:JBL) to Buy in a report released today.

Just yesterday Jabil Circuit, Inc. (NYSE:JBL) traded -1.06% lower at $21.62. Jabil Circuit, Inc.’s 50-day moving average is $21.34 and its 200-day moving average is $20.34. The last closing price is up 5.17% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 1,606,301 shares of JBL traded hands, down from an average trading volume of 2,062,100

Standpoint Research has upgraded Jabil Circuit, Inc. (NYSE:JBL) to Buy in a report released on 11/28/2016.

Recent Performance Chart

Jabil Circuit, Inc. (NYSE:JBL)

Jabil Circuit, Inc. has 52 week low of $16.78 and a 52 week high of $26.00 with a PE ratio of 16.20 and has a market capitalization of $0.

In addition to Standpoint Research reporting its stock price target, a total of 10 brokers have issued a research note on the company. The average stock price target is $22.10 with 2 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 6 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

Brief Synopsis On Jabil Circuit, Inc. (NYSE:JBL)

Jabil circuit, Inc. provides electronic manufacturing services and solutions throughout the world. The Company operates in two segments, which include Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS). The Company's EMS segment is focused on leveraging information technology (IT), supply chain design and engineering, technologies centered on core electronics, sharing of its large scale manufacturing infrastructure and the ability to serve a range of markets. Its DMS segment is focused on providing engineering solutions and a focus on material sciences and technologies. It provides electronic design, production and product management services to companies in the automotive, capital equipment, consumer lifestyles and wearable technologies, computing and storage, defense and aerospace, digital home, emerging growth, healthcare, industrial and energy, mobility, networking and telecommunications, packaging, point of sale and printing industries.

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