Jacobs Engineering Group (LON:J) Receives “House Stock” Rating from Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Jacobs Engineering Group (LON:J – Get Rating) in a research report sent to investors on Thursday morning, LSE.Co.UK reports.

A number of other brokerages have also recently issued reports on J. Berenberg Bank upped their price target on shares of Jacobs Engineering Group from GBX 275 ($3.58) to GBX 285 ($3.71) and gave the stock a hold rating in a research note on Friday, January 21st. Morgan Stanley reiterated an equal weight rating on shares of Jacobs Engineering Group in a research note on Friday, March 25th. Citigroup reiterated a buy rating and issued a GBX 270 ($3.52) price target on shares of Jacobs Engineering Group in a research note on Friday, January 14th. Canaccord Genuity Group dropped their price target on shares of Jacobs Engineering Group from GBX 325 ($4.24) to GBX 300 ($3.91) and set a buy rating on the stock in a research note on Wednesday, January 5th. Finally, JPMorgan Chase & Co. reiterated an underweight rating and issued a GBX 230 ($3.00) price target on shares of Jacobs Engineering Group in a research note on Monday, February 21st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of Hold and a consensus price target of GBX 290.83 ($3.79).

Jacobs Engineering Group Company Profile (Get Rating)

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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