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

Shore Capital reissued their house stock rating on shares of Jacobs Engineering Group (LON:J – Get Rating) in a report issued on Tuesday, LSE.Co.UK reports.

Several other equities research analysts have also recently commented on the stock. Citigroup reaffirmed a buy rating and issued a GBX 400 ($4.90) target price on shares of Jacobs Engineering Group in a research report on Monday, May 9th. Berenberg Bank dropped their target price on shares of Jacobs Engineering Group from GBX 285 ($3.49) to GBX 230 ($2.82) and set a hold rating for the company in a research report on Friday, June 10th. Barclays reaffirmed an overweight rating and issued a GBX 300 ($3.67) target price on shares of Jacobs Engineering Group in a research report on Monday, May 30th. Morgan Stanley reissued an equal weight rating on shares of Jacobs Engineering Group in a research report on Wednesday, May 11th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Jacobs Engineering Group from GBX 285 ($3.49) to GBX 306 ($3.75) and gave the company an overweight rating in a research report on Monday, May 23rd. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, Jacobs Engineering Group presently has a consensus rating of Moderate Buy and an average target price of GBX 311 ($3.81).

About Jacobs Engineering Group (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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