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John Bean Technologies (JBT) Stock Forecast & Price Target

$103.71
-0.69 (-0.66%)
(As of 01:37 PM ET)

John Bean Technologies - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 2 Wall Street analysts who have issued ratings for John Bean Technologies in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 2 analysts, 1 has given a hold rating, and 1 has given a buy rating for JBT.

Consensus Price Target

$121.00
16.67% Upside
High Forecast$121.00
Average Forecast$121.00
Low Forecast$121.00

According to the 2 analysts' twelve-month price targets for John Bean Technologies, the average price target is $121.00. The highest price target for JBT is $121.00, while the lowest price target for JBT is $121.00. The average price target represents a forecasted upside of 16.67% from the current price of $103.71.

TypeCurrent Forecast
7/24/23 to 7/23/24
1 Month Ago
6/24/23 to 6/23/24
3 Months Ago
4/25/23 to 4/24/24
1 Year Ago
7/24/22 to 7/24/23
Consensus Rating
Moderate Buy
Moderate Buy
Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
2 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$121.00$121.00$121.00$116.00
Forecasted Upside16.67% Upside22.56% Upside22.56% Upside12.53% Upside
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JBT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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JBT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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John Bean Technologies Stock vs. The Competition

TypeJohn Bean TechnologiesIndustrial Products CompaniesS&P 500
Consensus Rating Score
2.50
2.54
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside15.96% Upside39.11% Upside9.25% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/2/2024William Blair
2 of 5 stars
R. Sparenblek
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingMarket Perform
1/22/2024Robert W. Baird
2 of 5 stars
 Reiterated RatingOutperform ➝ Outperform$121.00+22.56%
6/30/202358.com
0 of 5 stars
 Reiterated RatingReiterates
6/30/2023888
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingReiterates
11/28/2022JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$100.00+14.43%
11/2/2022BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperform$135.00 ➝ $120.00+28.98%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 01:55 PM ET.

JBT Forecast - Frequently Asked Questions

What is John Bean Technologies' forecast for 2024?

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for John Bean Technologies is $121.00, with a high forecast of $121.00 and a low forecast of $121.00.

Should I buy or sell John Bean Technologies stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for John Bean Technologies in the last year. There is currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" JBT shares.

Does John Bean Technologies's stock price have much upside?

According to analysts, John Bean Technologies's stock has a predicted upside of 22.56% based on their 12-month stock forecasts.

What analysts cover John Bean Technologies?

John Bean Technologies has been rated by research analysts at William Blair in the past 90 days.

Do Wall Street analysts like John Bean Technologies more than its competitors?

Analysts like John Bean Technologies less than other "industrial products" companies. The consensus rating score for John Bean Technologies is 2.50 while the average consensus rating score for "industrial products" companies is 2.54. Learn more on how JBT compares to other companies.


This page (NYSE:JBT) was last updated on 7/23/2024 by MarketBeat.com Staff

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