BMO Capital Markets Cuts Price Target on Jacobs Engineering (JEC)
Equities research analysts at BMO Capital Markets lowered their price target on shares of Jacobs Engineering (NYSE: JEC) to $50.00 in a research note issued to investors on Wednesday. The firm currently has an “outperform” rating on the stock.
A number of other analysts have also recently weighed in on JEC. Analysts at FBR Capital (NASDAQ: FBCM) cut their price target on shares of Jacobs Engineering from $64.00 to $55.00 in a research note to investors on Wednesday. They now have an “outperform” rating on the stock. Separately, analysts at DA Davidson reiterated a “buy” rating on shares of Jacobs Engineering in a research note to investors on Tuesday. They now have a $55.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Jacobs Engineering in a research note to investors on Wednesday, April 11st. They now have a $44.00 price target on the stock.
Shares of Jacobs Engineering traded down 2.13% during mid-day trading on Wednesday, hitting $40.91. Jacobs Engineering has a 52 week low of $30.74 and a 52 week high of $48.68. The company has a market cap of $5.257 billion and a P/E ratio of 15.04.
Jacobs Engineering Group Inc. is a technical professional services firm in the United States. It provides a range of technical, professional, and construction services to.