Weiss Ratings Initiates Coverage on JFB Construction (NASDAQ:JFB)

Key Points

• Weiss Ratings has initiated coverage on JFB Construction (NASDAQ:JFB) with a "sell (e+)" rating, indicating a negative outlook for the stock.
• Additionally, Wall Street Zen also assigned a "sell" rating to JFB Construction, contributing to the consensus rating of "Sell" among analysts.
• During midday trading on Friday, JFB Construction stock rose by $0.11, reaching a price of $14.38, with 66,999 shares traded.

Equities researchers at Weiss Ratings assumed coverage on shares of JFB Construction (NASDAQ:JFB - Get Free Report) in a report released on Saturday,Weiss Ratings reports. The firm set a "sell (e+)" rating on the stock.

Separately, Wall Street Zen raised shares of JFB Construction to a "sell" rating in a report on Saturday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of "Sell".

JFB Construction Stock Performance

JFB Construction stock traded up $0.11 during midday trading on Friday, reaching $14.38. 66,999 shares of the stock were exchanged.

JFB Construction Company Profile

JFB is a commercial and residential real estate construction and development company. The Company's management is dedicated to delivering high-quality services to commercial and residential markets, such as retail corporate buildouts, multifamily community developments and luxury residential homes, with a focus on fostering long-term relationships with clients, partners, and communities.

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