Were Analysts Bullish Jabil Inc. (NYSE:JBL) This Week?

June 13, 2018 - By Vivian Currie

Jabil Inc. (NYSE:JBL) LogoInvestors sentiment decreased to 0.75 in Q1 2018. Its down 0.44, from 1.19 in 2017Q4. It dropped, as 30 investors sold Jabil Inc. shares while 124 reduced holdings. 41 funds opened positions while 75 raised stakes. 151.83 million shares or 10.07% less from 168.83 million shares in 2017Q4 were reported.
Bailard has 0.03% invested in Jabil Inc. (NYSE:JBL) for 15,900 shares. Brandywine Glob Invest Management Ltd Liability Com holds 0.08% or 463,611 shares in its portfolio. Kennedy Cap Mgmt Inc holds 204,852 shares or 0.11% of its portfolio. Quantum Mngmt holds 1.7% or 246,139 shares. Panagora Asset Mngmt holds 0% of its portfolio in Jabil Inc. (NYSE:JBL) for 9,141 shares. Ameriprise Inc owns 540,290 shares. Evercore Wealth Mngmt Ltd Liability holds 85,000 shares or 0.09% of its portfolio. Alliancebernstein Limited Partnership accumulated 222,736 shares. Adage Cap Prns Gru Ltd invested in 180,000 shares or 0.01% of the stock. 21,200 are held by Lingohr And Partner Asset Management Gmbh. Manufacturers Life Ins Co The owns 0.01% invested in Jabil Inc. (NYSE:JBL) for 281,540 shares. Whittier has 716 shares for 0% of their portfolio. California Pub Employees Retirement Systems invested in 648,106 shares or 0.03% of the stock. C M Bidwell & Assocs Ltd stated it has 94 shares. Moreover, Earnest Prtn has 0.23% invested in Jabil Inc. (NYSE:JBL) for 853,621 shares.

Since January 12, 2018, it had 0 insider buys, and 11 insider sales for $3.23 million activity. PETERS WILLIAM E also sold $374,496 worth of Jabil Inc. (NYSE:JBL) on Thursday, March 1. SANSONE THOMAS A had sold 15,000 shares worth $448,200. Hoch Erich sold $12,639 worth of stock.

Jabil Inc. (NYSE:JBL) Ratings Coverage

Among 4 analysts covering Jabil Circuit (NYSE:JBL), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Jabil Circuit had 4 analyst reports since December 14, 2017 according to SRatingsIntel. Standpoint Research upgraded the shares of JBL in report on Tuesday, February 27 to “Buy” rating. The firm has “Hold” rating given on Thursday, March 15 by RBC Capital Markets. The rating was upgraded by Argus Research on Monday, December 18 to “Buy”. Below is a list of Jabil Inc. (NYSE:JBL) latest ratings and price target changes.

15/03/2018 Broker: RBC Capital Markets Rating: Hold New Target: $33.0 Maintain
27/02/2018 Broker: Standpoint Research Old Rating: Hold New Rating: Buy Upgrade
18/12/2017 Broker: Argus Research Old Rating: Hold New Rating: Buy Upgrade
14/12/2017 Broker: Raymond James Rating: Hold

The stock decreased 0.67% or $0.2 during the last trading session, reaching $29.61. About 152,687 shares traded. Jabil Inc. (NYSE:JBL) has declined 5.53% since June 13, 2017 and is downtrending. It has underperformed by 18.10% the S&P500.

Jabil Inc. provides electronic manufacturing services and solutions worldwide. The company has market cap of $5.07 billion. The firm operates in two divisions, Electronics Manufacturing Services and Diversified Manufacturing Services. It has a 44.19 P/E ratio. It provides electronics design, production, and product management services.

More important recent Jabil Inc. (NYSE:JBL) news were published by: Seekingalpha.com which released: “Stocks To Watch: Focus On E3, IHOP/b And The World Cup” on June 09, 2018, also Globenewswire.com published article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Jabil, Gladstone Investment, Spero Therapeutics …”, Businesswire.com published: “Jabil Joins New Amazon Dash Replenishment Service Providers Program” on May 30, 2018. More interesting news about Jabil Inc. (NYSE:JBL) was released by: Businesswire.com and their article: “Jabil’s Third Quarter of Fiscal Year 2018 Earnings Announcement Set” with publication date: June 04, 2018.

Jabil Inc. (NYSE:JBL) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.