Shore Capital Reaffirms Buy Rating for Jacobs Engineering Group (LON:J)

Shore Capital reissued their buy rating on shares of Jacobs Engineering Group (LON:J) in a research report report published on Wednesday, LSE.Co.UK reports.

A number of other analysts have also weighed in on the stock. Canaccord Genuity Group reduced their price target on shares of Jacobs Engineering Group from GBX 325 ($4.41) to GBX 300 ($4.07) and set a buy rating for the company in a research note on Wednesday, January 5th. Barclays cut their target price on shares of Jacobs Engineering Group from GBX 360 ($4.89) to GBX 330 ($4.48) and set an equal weight rating for the company in a research note on Thursday, December 9th. Citigroup reissued a buy rating and set a GBX 270 ($3.66) target price on shares of Jacobs Engineering Group in a research note on Friday, December 17th. Berenberg Bank cut their target price on shares of Jacobs Engineering Group from GBX 280 ($3.80) to GBX 250 ($3.39) and set a buy rating for the company in a research note on Thursday, November 18th. Finally, JPMorgan Chase & Co. cut their target price on shares of Jacobs Engineering Group from GBX 330 ($4.48) to GBX 290 ($3.94) and set an overweight rating for the company in a research note on Friday, December 10th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of Buy and an average target price of GBX 293.33 ($3.98).

Jacobs Engineering Group Company Profile

Jacobs Engineering Group Inc is challenging today to reinvent tomorrow by solving the world’s most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good.

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Analyst Recommendations for Jacobs Engineering Group (LON:J)

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