UBS Believes Jacobs Engineering (NYSE: JEC) Won’t Stop Here

By Carrie Williams

In a report released today, Steven Fisher from UBS maintained a Buy rating on Jacobs Engineering (NYSE: JEC), with a price target of $85. The company’s shares opened today at $73.68, close to its 52-week high of $73.90.

According to, Fisher is ranked #4208 out of 4849 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Jacobs Engineering with a $80.83 average price target, representing a 9.7% upside. 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.