Jacobs Engineering (JEC) Received its Third Buy in a Row

By Carrie Williams

After Robert W. Baird and D.A. Davidson gave Jacobs Engineering (NYSE: JEC) a Buy rating last month, the company received another Buy, this time from Merrill Lynch. Analyst Anna Kaminskaya maintained a Buy rating on Jacobs Engineering today and set a price target of $90. The company’s shares opened today at $73.68, close to its 52-week high of $73.90.

Kaminskaya has an average return of 14.3% when recommending Jacobs Engineering.

According to TipRanks.com, Kaminskaya is ranked #2181 out of 4849 analysts.

Jacobs Engineering has an analyst consensus of Strong Buy, with a price target consensus of $81.43, which is a 10.5% upside from current levels. In a report released yesterday, Robert W. Baird also reiterated a Buy rating on the stock with a $82 price target.

.

See today’s analyst top recommended stocks >>

Jacobs Engineering’s market cap is currently $10.25B and has a P/E ratio of 38.73. The company has a Price to Book ratio of 1.73.

Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Jacobs Engineering Group, Inc. engages in the provision of a diverse range of technical, professional, and construction services to industrial, commercial, and governmental clients. It operates though the following segments: Aerospace and Technology, Buildings and Infrastructure, Industrial, and Petroleum and Chemicals.