Jacobs Engineering (JEC) Receives a Buy from Cowen & Co.

Cowen & Co. analyst Lucy Guo maintained a Buy rating on Jacobs Engineering (JEC) today and set a price target of $82. The company’s shares opened today at $76.85.

Guo has an average return of 19.3% when recommending Jacobs Engineering.

According to TipRanks.com, Guo is ranked #2143 out of 5179 analysts.

Currently, the analyst consensus on Jacobs Engineering is a Strong Buy with an average price target of $84.63.

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The company has a one-year high of $82.24 and a one-year low of $55.17. Currently, Jacobs Engineering has an average volume of 1.35M.

Based on the recent corporate insider activity of 76 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of JEC in relation to earlier this year. Most recently, in February 2019, Linda Fayne Levinson, a Director at JEC bought 2,500 shares for a total of $92,200.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Jacobs Engineering Group, Inc. engages in the provision of a diverse range of technical, professional, and construction services to industrial, commercial, and governmental clients. Jacobs provides professional services through two lines of businesses: Buildings, Infrastructure, and Advanced Facilities (BIAF) and Aerospace, Technology, and Nuclear (ATN).

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