JBT Marel (NYSE:JBTM) Research Coverage Started at CL King

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

JBT Marel Price Performance

JBTM stock opened at $131.07 on Wednesday. JBT Marel has a one year low of $82.64 and a one year high of $132.69. The company has a current ratio of 2.55, a quick ratio of 2.00 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $4.17 billion, a PE ratio of 24.32, a P/E/G ratio of 1.62 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.