Jacobs Engineering Group Inc (NYSE:JEC) shares traded down -2.95% during most recent session. Wall Street analysts covering the stock are projecting that the stock will reach $83.6 within the next 52-weeks. The mean target projections are based on 15 opinions. Since analyst price targets calculations are subjective, there often can be wide range of targets from various analysts.
Having a look in a broader way analysts from brokerage firms on the street with an extensive view have high price target of Jacobs Engineering Group Inc (NYSE:JEC) at $94 and with a conformist view have low price target of $67 while the stock’s latest closing price was $60.92. This is the consensus price target based on the analysts polled by Thomson Reuters’ First Call, the average is taken from the individual analysts which provided targets and are short term projections for the 12 months.
The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc.) made by the brokerage firms for the given stock. Currently shares of Jacobs Engineering Group Inc (NYSE:JEC) have an average brokerage recommendation (ABR) of 1.43 number of Recs in ABR is 14 however the company’s industry rank by ABR is 152 out of 257. Industries are ranked based on the average broker recommendation of each company belong to this industry. A low number means that brokers and analysts expect that the industry