Analysts fell to the sidelines weighing in on BlackBerry (BB – Research Report) and Jabil Circuit (JBL – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
BlackBerry (BB)
In a report issued on June 19, Paul Treiber from RBC Capital maintained a Hold rating on BlackBerry, with a price target of $5.00. The company’s shares closed last Friday at $5.06.
According to TipRanks.com, Treiber is a 5-star analyst with an average return of 20.1% and a 74.6% success rate. Treiber covers the Technology sector, focusing on stocks such as Enghouse Systems, Sierra Wireless, and Celestica.
The word on The Street in general, suggests a Hold analyst consensus rating for BlackBerry with a $5.23 average price target, implying a 1.8% upside from current levels. In a report issued on June 12, Merrill Lynch also maintained a Hold rating on the stock with a $5.50 price target.
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Jabil Circuit (JBL)
RBC Capital analyst Robert Muller maintained a Hold rating on Jabil Circuit on June 19 and set a price target of $35.00. The company’s shares closed last Friday at $33.51.
According to TipRanks.com, Muller is a 4-star analyst with an average return of 15.0% and a 73.3% success rate. Muller covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, National Instruments, and Dell Technologies.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Jabil Circuit with a $37.00 average price target, a 5.3% upside from current levels. In a report issued on June 12, Goldman Sachs also maintained a Hold rating on the stock with a $34.00 price target.
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