Jacobs Engineering Group Inc. (JEC) Receives $60.44 Consensus Target Price from Analysts

Jefferies Group LLC reaffirmed a "hold" rating and issued a $61.00 price target on shares of Jacobs Engineering Group in a report on Friday, August 4th. The Fortaleza Asset Management Inc holds 11,210 shares with $639,000 value, down from 19,490 last quarter. The legal version of this piece of content can be viewed at https://theolympiareport.com/2017/08/12/equities-analysts-offer-predictions-for-jacobs-engineering-group-inc-s-q4-2017-earnings-jec.html. The stock sank -3.66% last month and is down -7.58 this year. KeyCorp analyst T. Afzal now forecasts that the construction company will post earnings of $0.87 per share for the quarter, down from their prior estimate of $0.89. Apg Asset Mgmt Nv has invested 0.03% in Jacobs Engineering Group Inc (NYSE:JEC). Keybank National Association Oh holds 5,939 shares. With 924,500 shares average volume, it will take short sellers 4 days to cover their JEC's short positions. The SI to Fortinet Incorporated's float is 4.04%. Its up 2.86% from 3.29M shares, reported previously. Fortinet Inc (NASDAQ:FTNT) has risen 20.17% since August 11, 2016 and is uptrending. It has outperformed by 40.77% the S&P500.

Investors sentiment increased to 1 in Q4 2016. Its up 0.14, from 0.86 in 2016Q3.

Several hedge funds have recently bought and sold shares of JEC. 74 funds opened positions while 122 raised stakes. 102.45 million shares or 0.11% more from 102.33 million shares in 2016Q3 were reported. Granite Invest Partners Lc holds 0.05% or 11,144 shares. Next Fincl Group owns 652 shares.

About 984,631 shares traded. Regentatlantic Capital Limited Company invested in 0.05% or 8,135 shares. Signaturefd Ltd Company holds 0.03% or 3,566 shares in its portfolio.

United Nations imposes fresh sanctions on North Korea - Newspaper
They urged Pyongyang to immediately comply fully with its obligations under all relevant UN Security Council Resolutions. China is providing a welcome boost to the global campaign to pressure North Korea to halt its missile and nuclear tests.

ILLEGAL ACTIVITY NOTICE: "Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Jacobs Engineering Group (NYSE:JEC) Share Price" was originally posted by Markets Daily and is owned by of Markets Daily. Jacobs Engineering Group has a 12-month low of $49.15 and a 12-month high of $63.42. Hbk Invests Ltd Partnership reported 25,566 shares stake. (NASDAQ:MCBC) shareholders before Aug 11, 2017 will receive the $0.05 dividend. Heartland Inc reported 676,798 shares. The value of the investment in Jacobs Engineering Group Inc. increased from $1,057,000 to $1,276,000 a change of $219,000 since the last quarter. On Tuesday, February 14 the insider DAVIDSON ROBERT C JR sold $285,000. CA increased its position in Jacobs Engineering Group by 7.8% in the first quarter. "(NYSE:JEC) Given Consensus Recommendation of "Hold" by Brokerages" was first published by Sports Perspectives and is the property of of Sports Perspectives. Aflac Inc Com (NYSE:AFL) was raised too. Rhumbline Advisers has invested 0.03% in Jacobs Engineering Group Inc (NYSE:JEC). One analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the stock. Therefore 21% are positive. KeyCorp also issued estimates for Jacobs Engineering Group's FY2018 earnings at $3.58 EPS and FY2019 earnings at $4.05 EPS. The stock of Jacobs Engineering Group Inc (NYSE:JEC) has "Accumulate" rating given on Monday, May 9 by Johnson Rice. The ex-dividend date is set for Wednesday the 2nd of August 2017. As per Thursday, April 14, the company rating was downgraded by Standpoint Research. The firm earned "Hold" rating on Wednesday, November 23 by Deutsche Bank. On Friday, November 13 the stock rating was initiated by Citigroup with "Buy". The company presently has a consensus rating of "Hold" and a consensus target price of $61.64. The Company provides a range of technical, professional and construction services to industrial, commercial and governmental clients. The firm earned "Buy" rating on Thursday, December 15 by Bank of America.

Fortinet, Inc.is a network security company. The stock has a market capitalization of $6.33 billion, a PE ratio of 27.97 and a beta of 1.52.

Among 33 analysts covering Fortinet Inc. The firm has "Buy" rating by Argus Research given on Friday, June 3. 360,587 were reported by Principal Group Inc Inc Inc. The firm has "Market Perform" rating given on Thursday, January 5 by BMO Capital Markets. FBR Capital has "Outperform" rating and $52 target. As per Friday, July 24, the company rating was upgraded by TheStreet. Northland Capital has "Buy" rating and $4500 target.

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