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TheStreet upgraded Jacobs Engineering Group Inc (NYSE:JEC) to Buy in a report released today.

Yesterday Jacobs Engineering Group Inc (NYSE:JEC) traded 0.78% higher at $59.32. The company’s 50-day moving average is $53.28 and its 200-day moving average is $52.11. The last stock close price is up 19.31% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 637,195 shares of the stock were exchanged, down from an average trading volume of 864,361

TheStreet has upgraded Jacobs Engineering Group Inc (NYSE:JEC) to Buy in a report released on Monday November 21, 2016.

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Jacobs Engineering Group Inc (NYSE:JEC)

Jacobs Engineering Group Inc has a 52 week low of $34.76 and a 52 week high of $62.27 with a P/E ratio of 36.04 The company’s market cap is currently $0.

In addition to TheStreet reporting its target price, a total of 16 firms have reported on the stock. The consensus target price is $49.69 with 4 firms rating the stock a strong buy, 5 firms rating the stock a buy, 8 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About 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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