In a report released today, Mircea Dobre from Robert W. Baird maintained a Buy rating on John Bean Technologies (JBT – Research Report). The company’s shares closed yesterday at $121.43.
According to TipRanks, Dobre is a 5-star analyst with an average return of 13.4% and a 54.33% success rate. Dobre covers the Industrials sector, focusing on stocks such as John Bean Technologies, Mayville Engineering Company, and Caterpillar.
John Bean Technologies has an analyst consensus of Hold, with a price target consensus of $106.50.
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The company has a one-year high of $123.12 and a one-year low of $81.35. Currently, John Bean Technologies has an average volume of 155.5K.
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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.
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