Barclays Maintains Their Buy Rating on Jacobs Engineering (JEC)


Barclays analyst Adam Seiden maintained a Buy rating on Jacobs Engineering (NYSE: JEC) yesterday and set a price target of $83. The company’s shares closed yesterday at $73.85.

Seiden has an average return of 7.5% when recommending Jacobs Engineering.

According to TipRanks.com, Seiden is ranked #4377 out of 4893 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Jacobs Engineering with a $82.71 average price target.

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Jacobs Engineering’s market cap is currently $10.48B and has a P/E ratio of 33.72. The company has a Price to Book ratio of 1.76.

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Jacobs Engineering Group, Inc. engages in the provision of a diverse range of technical, professional, and construction services to industrial, commercial, and governmental clients. It operates though the following segments: Aerospace and Technology, Buildings and Infrastructure, Industrial, and Petroleum and Chemicals.

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