Tuesday, July 02, 2019 6:02:56 PM
Jabil Inc looks Bullish as earnings approach
It is no certainty but expectations are high for JBL heading into earnings not only on they results but on the outlook which could move the stock and indeed other stocks with a more optimistic briefing than many expect.
From a technical perspective we think that the stock has corrected and ready to move higher as signalled by the strong RSI , MACD and Histogram.
AVERAGE ANALYSTS PRICE TARGET $31.38
AVERAGE ANALYSTS RECOMMENDATION overweight
P/E RATION 24
It is no certainty but expectations are high for JBL heading into earnings not only on they results but on the outlook which could move the stock and indeed other stocks with a more optimistic briefing than many expect.
From a technical perspective we think that the stock has corrected and ready to move higher as signalled by the strong RSI , MACD and Histogram.
AVERAGE ANALYSTS PRICE TARGET $31.38
AVERAGE ANALYSTS RECOMMENDATION overweight
P/E RATION 24
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