Barclays Reiterates “Equal Weight” Rating for Jacobs Engineering Group (LON:J)

Jacobs Engineering Group (LON:J)‘s stock had its “equal weight” rating restated by Barclays in a note issued to investors on Thursday, LSE.Co.UK reports. They presently have a GBX 330 ($4.48) target price on the stock.

J has been the subject of several other reports. Berenberg Bank dropped their price objective on 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. Shore Capital reiterated a “buy” rating on shares of Jacobs Engineering Group in a report on Wednesday. JPMorgan Chase & Co. increased their target price on Jacobs Engineering Group from GBX 220 ($2.99) to GBX 230 ($3.12) and gave the company an “underweight” rating in a report on Thursday. Canaccord Genuity Group lowered their target price on Jacobs Engineering Group from GBX 325 ($4.41) to GBX 300 ($4.07) and set a “buy” rating on the stock in a report on Wednesday, January 5th. Finally, Citigroup reiterated a “buy” rating and set a GBX 270 ($3.66) target price on shares of Jacobs Engineering Group in a report on Friday, December 17th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Jacobs Engineering Group currently has an average rating of “Buy” and an average target price of GBX 293.33 ($3.98).

About Jacobs Engineering Group

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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