Jabil Circuit (JBL) stock recently hit an all-time high of $258.31, surpassing its 52-week high, driven by strong market performance and investor confidence, with a market capitalization of $26.52 billion and a P/E ratio of 37.29. The company has also been active in strategic maneuvers, including pricing $1 billion in senior notes, maintaining consistent dividend payments, investing in Eagle Harbor Technologies, and making changes to its Board of Directors. BofA Securities raised Jabil’s price target to $280 with a Buy rating, citing potential AI revenue growth.
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Jabil Circuit stock hits all-time high at 258.31 USD By Investing.com
Jabil Circuit (JBL) stock recently hit an all-time high of $258.31, surpassing its 52-week high, driven by strong market performance and investor confidence, with a market capitalization of $26.52 billion and a P/E ratio of 37.29. The company has also been active in strategic maneuvers, including pricing $1 billion in senior notes, maintaining consistent dividend payments, investing in Eagle Harbor Technologies, and making changes to its Board of Directors. BofA Securities raised Jabil’s price target to $280 with a Buy rating, citing potential AI revenue growth.