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Jacobs Engineering Group's (J) "Overweight" Rating Reaffirmed at Barclays

Defense World ·  Sep 27, 2022 03:02

Barclays reissued their overweight rating on shares of Jacobs Engineering Group (LON:J – Get Rating) in a research note published on Monday, LSE.Co.UK reports. They currently have a GBX 300 ($3.62) price target on the stock.

Several other equities research analysts have also commented on the stock. Jefferies Financial Group lowered shares of Jacobs Engineering Group to a hold rating and reduced their price target for the company from GBX 300 ($3.62) to GBX 210 ($2.54) in a report on Tuesday, September 6th. Berenberg Bank reduced their price objective on shares of Jacobs Engineering Group from GBX 285 ($3.44) to GBX 230 ($2.78) and set a hold rating for the company in a research note on Friday, June 10th. JPMorgan Chase & Co. reiterated a not rated rating on shares of Jacobs Engineering Group in a research note on Thursday, August 25th. Finally, Shore Capital reiterated a house stock rating on shares of Jacobs Engineering Group in a research note on Wednesday, September 14th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Jacobs Engineering Group currently has an average rating of Moderate Buy and a consensus price target of GBX 291 ($3.52).

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About Jacobs Engineering Group

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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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