UBS covered Jabil Circuit (NYSE:JBL), hiking its stock price target to $27.00 today
- Updated: September 21, 2016
UBS raised the target price of Jabil Circuit (NYSE:JBL) to $27.00 reporting a possible upside of 0.17%.
On 09/20/2016, Goldman Sachs released a statement on Jabil Circuit (NYSE:JBL) raised the target price from $16.00 to $21.00. At the time, this indicated a possible downside of -0.09%.
Only yesterday Jabil Circuit (NYSE:JBL) traded 0.09% higher at $23.16. The company’s 50-day moving average is $21.17 and its 200-day moving average is $19.46. The last stock price is up 19.01% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Trading volume was up over the average, with 2,450,657 shares of JBL changing hands over the typical 2,085,710
With a total market value of $0, Jabil Circuit has P/E ratio of 14.77 with a 52 week low of $16.78 and a one year high of $26.00 .
A total of 10 analysts have released a research note on the stock. Two equity analysts rating the stock a strong buy, 3 firms rating the stock a buy, 6 brokerages rating the company a hold, zero equity analysts rating the company a underperform, and finally one firm rating the stock a sell with a consensus target price of $22.10.
Brief Synopsis On Jabil Circuit (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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