JBT Marel (NYSE:JBTM) Earns Buy Rating from Analysts at CL King

Equities research analysts at CL King began coverage on shares of JBT Marel (NYSE:JBTMGet Free Report) in a research report issued on Wednesday,Briefing.com Automated Import reports. The firm set a “buy” rating and a $143.00 price target on the stock. CL King’s price target suggests a potential upside of 13.29% from the company’s previous close.

JBT Marel Stock Performance

Shares of NYSE JBTM opened at $126.22 on Wednesday. The company has a current ratio of 2.55, a quick ratio of 2.00 and a debt-to-equity ratio of 0.41. JBT Marel has a one year low of $82.64 and a one year high of $132.69. The stock has a market capitalization of $4.02 billion, a price-to-earnings ratio of 23.42, a PEG ratio of 1.59 and a beta of 1.23.

JBT Marel Company Profile

(Get Free Report)

JBT Marel Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end of line material handling, and packaging solutions to the food, beverage, and health market.

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