Here’s how analysts see Jacobs Engineering Group Inc. (NYSE:JEC) after this past week.

April 18, 2018 - By Vivian Park

Jacobs Engineering Group Inc. (NYSE:JEC) LogoInvestors sentiment increased to 1.16 in 2017 Q4. Its up 0.11, from 1.05 in 2017Q3. It is positive, as 25 investors sold Jacobs Engineering Group Inc. shares while 153 reduced holdings. 67 funds opened positions while 140 raised stakes. 112.42 million shares or 15.23% more from 97.56 million shares in 2017Q3 were reported.
Natixis reported 79,230 shares. Coastline Trust Com invested in 83,085 shares. Long Road Investment Counsel Ltd stated it has 4,900 shares or 0.22% of all its holdings. Texas Yale Capital Corporation owns 3,393 shares for 0.02% of their portfolio. Notis invested in 0.17% or 4,500 shares. Cacti Asset Mngmt Lc has 4.57% invested in Jacobs Engineering Group Inc. (NYSE:JEC). 1St Source Financial Bank stated it has 0.02% of its portfolio in Jacobs Engineering Group Inc. (NYSE:JEC). Parsec Fincl owns 0.11% invested in Jacobs Engineering Group Inc. (NYSE:JEC) for 24,178 shares. Norinchukin Fincl Bank The, Japan-based fund reported 9,631 shares. Fil owns 2.26M shares. Blb&B Advsr Ltd Co stated it has 17,716 shares. Victory Cap Mngmt has invested 0.01% in Jacobs Engineering Group Inc. (NYSE:JEC). Kentucky Retirement holds 0.03% or 7,429 shares in its portfolio. Great Lakes Advsrs invested in 128,963 shares. Retirement Of Alabama reported 0.02% of its portfolio in Jacobs Engineering Group Inc. (NYSE:JEC).

Since February 14, 2018, it had 0 insider buys, and 1 sale for $313,250 activity.

Jacobs Engineering Group Inc. (NYSE:JEC) Ratings Coverage

Among 12 analysts covering Jacobs Engineering Group (NYSE:JEC), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Jacobs Engineering Group had 21 analyst reports since October 27, 2017 according to SRatingsIntel. The rating was initiated by Barclays Capital on Tuesday, December 12 with “Buy”. The stock of Jacobs Engineering Group Inc. (NYSE:JEC) has “Hold” rating given on Wednesday, February 7 by Robert W. Baird. On Monday, January 29 the stock rating was upgraded by UBS to “Buy”. The rating was upgraded by Goldman Sachs on Tuesday, January 30 to “Hold”. The rating was upgraded by Robert W. Baird to “Buy” on Monday, March 26. The rating was maintained by Jefferies on Tuesday, November 21 with “Hold”. Deutsche Bank upgraded Jacobs Engineering Group Inc. (NYSE:JEC) on Thursday, March 29 to “Buy” rating. The company was maintained on Tuesday, February 6 by Citigroup. Citigroup maintained it with “Neutral” rating and $64 target in Friday, October 27 report. The firm has “Overweight” rating by Barclays Capital given on Wednesday, January 24. Below is a list of Jacobs Engineering Group Inc. (NYSE:JEC) latest ratings and price target changes.

03/04/2018 Broker: Goldman Sachs Rating: Buy New Target: $77.0000 Upgrade
29/03/2018 Broker: UBS Rating: Buy New Target: $86.0000 Maintain
29/03/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Buy Old Target: $60 Upgrade
28/03/2018 Broker: M Partners Rating: Buy New Target: $71.0000 Upgrade
26/03/2018 Broker: Robert W. Baird Rating: Buy Upgrade
12/02/2018 Broker: Alembic Rating: Buy
07/02/2018 Broker: Robert W. Baird Rating: Hold New Target: $75.0 Maintain
07/02/2018 Broker: Jefferies Rating: Hold New Target: $70.0 Maintain
08/02/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $62 New Target: $70 Maintain
06/02/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $70 New Target: $78 Maintain

The stock increased 0.87% or $0.52 during the last trading session, reaching $60.24. About 727,760 shares traded. Jacobs Engineering Group Inc. (NYSE:JEC) has risen 4.71% since April 18, 2017 and is uptrending. It has underperformed by 6.84% the S&P500.

Jacobs Engineering Group Inc. provides technical, professional, and construction services. The company has market cap of $8.53 billion. It offers project services that include engineering, architectural, interiors, design, planning, and related services, as well as planning, scheduling, procurement, estimating, cost engineering, project accounting and delivery, safety, and other support services. It has a 31.36 P/E ratio. The firm also provides process, scientific, and systems consulting services, including performing pricing studies, market analyses, and financial projections in determining the feasibility of a project; performing gasoline reformulation modeling; analyzing and evaluating layout and mechanical creates for complex processing plants; analyzing automation and control systems; analyzing, designing, and executing bio containment strategies; developing and performing process protocols; and performing geological and metallurgical studies.

Jacobs Engineering Group Inc. (NYSE:JEC) Institutional Positions Chart

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