Jacobs Engineering Group, Inc. (LON:J) Given Average Rating of “Hold” by Analysts

Shares of Jacobs Engineering Group, Inc. (LON:J) have earned a consensus recommendation of “Hold” from the six brokerages that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 243.17 ($3.00).

A number of analysts recently weighed in on J shares. Canaccord Genuity Group raised shares of Jacobs Engineering Group to a “buy” rating and dropped their price objective for the stock from GBX 240 ($2.96) to GBX 225 ($2.78) in a report on Thursday, August 24th. Shore Capital reissued a “house stock” rating on shares of Jacobs Engineering Group in a research note on Tuesday, September 26th.

Jacobs Engineering Group Price Performance

About Jacobs Engineering Group

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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.