KD Logo

Argus analysts downgrades a Hold rating for Jabil Inc (JBL)

Jabil Inc’s recently made public that its CEO Dastoor Michael unloaded Company’s shares for reported $1.7 million on May 14 ’25. In the deal valued at $169.90 per share,10,000 shares were sold. As a result of this transaction, Dastoor Michael now holds 221,693 shares worth roughly $37.2 million.

Then, Dastoor Michael bought 10,000 shares, generating $1,699,000 in total proceeds.

Before that, Schick Gary K. sold 678 shares. Jabil Inc shares valued at $102,549 were divested by the SVP, CHRO at a price of $151.25 per share. As a result of the transaction, Schick Gary K. now holds 34,195 shares, worth roughly $5.74 million.

Argus downgraded its Jabil Inc [JBL] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who remained covering the stock and in mid January has reiterated a ‘”an Overweight”‘ rating for it. Barclays began covering JBL with “an Overweight” recommendation on September 07, 2023.

Price Performance Review of JBL

On Friday, Jabil Inc [NYSE:JBL] saw its stock jump 0.76% to $167.79. Over the last five days, the stock has gained 8.97%. Jabil Inc shares have risen nearly 16.60% since the year began. Nevertheless, the stocks have risen 42.62% over the past one year. While a 52-week high of $174.80 was reached on 01/24/25, a 52-week low of $95.85 was recorded on 04/04/25. SMA at 50 days reached $141.65, while 200 days put it at $134.73.

Levels Of Support And Resistance For JBL Stock

The 24-hour chart illustrates a support level at 166.15, which if violated will result in even more drops to 164.51. On the upside, there is a resistance level at 168.77. A further resistance level may holdings at 169.75. The Relative Strength Index (RSI) on the 14-day chart is 76.17, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 11.16, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.94%. Stochastics %K at 88.48% indicates the stock is a selling.

The most recent change occurred on December 13, 2022 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $76 price target.

Most Popular