Jabil Circuit (JBL): Expecting An Inline Quarter - RBC

RBC Capital analyst, Amit Daryanani, reiterated his Sector Perform rating on shares of Jabil Circuit (NYSE: JBL) ahead of Nov-qtr EPS on Thursday 12/15 after the market close.

The analyst stated "iPhone 7 data points have been fairly consistent with expectations (AAPL business under DMS segment), while for EMS, IT hardware data points have been mostly stable with better than expected performance in Storage and PCs offset by weakness in servers".

No change to the price target of $23.

For an analyst ratings summary and ratings history on Jabil Circuit click here. For more ratings news on Jabil Circuit click here.

Shares of Jabil Circuit closed at $21.49 yesterday.

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