Jabil Circuit (JBL) received a Buy rating from Raymond James analyst Adam Tindle today. The company’s shares closed on Friday at $26.59.
According to TipRanks.com, Tindle has currently no stars on a ranking scale of 0-5 stars, with an average return of -4.9% and a 41.9% success rate. Tindle covers the Technology sector, focusing on stocks such as Nutanix Inc, Avnet Inc, and Sonos Inc.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Jabil Circuit with a $26 average price target.
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The company has a one-year high of $30.21 and a one-year low of $21.49. Currently, Jabil Circuit has an average volume of 1.52M.
Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is negative on the stock.
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Jabil, Inc. engages in the provision of electronic manufacturing services and solutions. It offers electronics design, production, product management, and repair services to companies in the automotive and transportation, capital equipment, consumer lifestyles and wearable technologies, computing and storage, defense and aerospace, digital home, healthcare, industrial and energy, mobility, networking and telecommunications, packaging, point of sale, and printing industries. The firm operates through the Electronics Manufacturing Services and Diversified Manufacturing Services segments. The Electronics Manufacturing Services segment focuses around leveraging IT; supply chain design and engineering; and technologies largely centered on core electronics. The Diversified Manufacturing Services segment provides engineering solutions, with an emphasis on material sciences and technologies. The company was founded by William E. Morean and James Golden in 1966 and is headquartered in St. Petersburg, FL.
