UPDATE: Goldman Sachs Resumes Jacobs Engineering Group with Neutral on Upside Potential
In a report published Monday, Goldman Sachs analyst Jerry Revich resumed coverage on Jacobs Engineering Group (NYSE: JEC) with a Neutral rating and $60.00 price target.
In the report, Revich noted, “While we are constructive on what we believe to be JEC's low risk business model that supports consistent cash generation and growth via bolt-on M&A, we see balanced risk-reward around consensus estimates.”
Jacobs Engineering Group closed on Friday at $53.35.
Latest Ratings for JEC
|Apr 2016||Argus Research||Initiates Coverage on||Hold|
|Apr 2016||Standpoint Research||Downgrades||Buy||Hold|
|Apr 2016||Deutsche Bank||Assumes||Hold|
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.