Robert W. Baird analyst Mircea Dobre maintained a Buy rating on John Bean Technologies (JBT – Research Report) today. The company’s shares closed today at $110.01.
According to TipRanks, Dobre is a 5-star analyst with an average return of 11.8% and a 51.42% success rate.
Currently, the analyst consensus on John Bean Technologies is a Moderate Buy with an average price target of $128.00.
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The company has a one-year high of $125.78 and a one-year low of $81.35. Currently, John Bean Technologies has an average volume of 144.5K.
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John Bean Technologies Corp. is a technology solutions provider, which engages in the food, beverage, and air transportation industries. It operates through the JBT FoodTech and JBT AeroTech business segments. The JBT FoodTech segment designs, manufactures, and services technologically food processing systems for the preparation of meat, seafood and poultry products, ready-to-eat meals, shelf stable packaged foods, bakery products, juice and dairy products, and fruit and vegetable products. The JBT AeroTech segment supplies customized solutions and services used for applications in the air transportation industry, including airport authorities, airlines, airfreight, ground handling companies, the military, and defense contractors. The company was founded on May 12, 1994 and is headquartered in Chicago, IL.
Read More on JBT:
- JBT Agrees to Sell AeroTech Unit to Oshkosh for $800M
- Baird bumps JBT Corporation price target to $128 after Q1 beat
- JBT Corporation backs FY23 EPS view $5.00-$5.50, consensus $5.34
- JBT Corporation sees Q2 adjusted EPS $1.10-$1.25, consensus $1.24
- JBT Corporation reports Q1 adjusted EPS 94c, consensus 73c
