JBT Marel (NYSE:JBTM) Now Covered by Analysts at CL King

CL King began coverage on shares of JBT Marel (NYSE:JBTM) in a research report released on Wednesday morning, MarketBeat.com reports. The firm issued a buy rating and a $143.00 price objective on the stock.

JBT Marel Stock Down 0.4 %

NYSE:JBTM opened at $126.27 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 52-week low of $82.64 and a 52-week high of $132.69. The stock has a market cap of $4.02 billion, a P/E ratio of 23.43, a PEG ratio of 1.59 and a beta of 1.23.

About JBT Marel

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.