UBS AG Reiterates Neutral on Jacobs Engineering (JEC)

By admin | 6 years ago

Jacobs Engineering (NYSE: JEC)‘s stock had its “neutral” rating reiterated by investment analysts at UBS AG (NYSE: UBS) in a note issued to investors on Wednesday.

Shares of Jacobs Engineering traded down 1.91% during mid-day trading on Wednesday, hitting $41.00. 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 $5.268 billion and a P/E ratio of 15.04.

A number of other analysts have also recently weighed in on JEC. Analysts at BMO Capital Markets cut their price target on shares of Jacobs Engineering to $50.00 in a research note to investors on Wednesday. They now have an “outperform” rating on the stock. Separately, 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. Finally, 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.

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.

About the author