Chicago Bridge & Iron Company N.V. (NYSE:CBI) received a $13.00 price target from research analysts at Deutsche Bank AG in a research note issued to investors on Tuesday. The firm presently has a “buy” rating on the construction company’s stock. Deutsche Bank AG’s price target points to a potential upside of 17.97% from the stock’s current price.

Other equities analysts have also issued research reports about the company. Robert W. Baird restated a “neutral” rating and set a $23.00 price objective (down previously from $31.00) on shares of Chicago Bridge & Iron Company N.V. in a research note on Wednesday, May 17th. UBS AG restated a “buy” rating and set a $21.00 price objective (down previously from $32.00) on shares of Chicago Bridge & Iron Company N.V. in a research note on Wednesday, May 24th. BidaskClub upgraded Chicago Bridge & Iron Company N.V. from a “sell” rating to a “hold” rating in a research note on Thursday, July 6th. Citigroup Inc. restated a “neutral” rating and set a $20.00 price objective (down previously from $23.00) on shares of Chicago Bridge & Iron Company N.V. in a research note on Tuesday, July 18th. Finally, MKM Partners restated a “buy” rating and set a $34.00 price objective (down previously from $41.00) on shares of Chicago Bridge & Iron Company N.V. in a research note on Friday, May 19th. Five analysts have rated the stock with a sell rating, seven have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $24.34.

Shares of Chicago Bridge & Iron Company N.V. (NYSE CBI) opened at 11.02 on Tuesday. Chicago Bridge & Iron Company N.V. has a 52-week low of $9.55 and a 52-week high of $36.56. The firm’s market cap is $1.11 billion. The stock’s 50 day moving average is $15.82 and its 200-day moving average is $23.70. Chicago Bridge & Iron Company N.V. also was the recipient of unusually large options trading on Wednesday. Traders bought 896 call options on the company. This represents an increase of approximately 197% compared to the typical daily volume of 302 call options.

Chicago Bridge & Iron Company N.V. (NYSE:CBI) last posted its quarterly earnings data on Wednesday, August 9th. The construction company reported ($2.96) EPS for the quarter, missing the Zacks’ consensus estimate of $0.85 by $3.81. Chicago Bridge & Iron Company N.V. had a negative return on equity of 3.92% and a negative net margin of 10.54%. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $2.49 billion. During the same quarter last year, the business earned $1.17 EPS. Chicago Bridge & Iron Company N.V.’s revenue was down 40.6% on a year-over-year basis. Equities analysts anticipate that Chicago Bridge & Iron Company N.V. will post ($1.79) earnings per share for the current fiscal year.

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Large investors have recently modified their holdings of the company. DUPONT CAPITAL MANAGEMENT Corp raised its stake in shares of Chicago Bridge & Iron Company N.V. by 2.0% in the first quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 247,400 shares of the construction company’s stock worth $7,608,000 after buying an additional 4,855 shares in the last quarter. Selway Asset Management raised its stake in shares of Chicago Bridge & Iron Company N.V. by 0.3% in the first quarter. Selway Asset Management now owns 88,550 shares of the construction company’s stock worth $2,723,000 after buying an additional 300 shares in the last quarter. Capital Advisors Inc. OK purchased a new stake in shares of Chicago Bridge & Iron Company N.V. during the first quarter worth $292,000. Callahan Advisors LLC purchased a new stake in shares of Chicago Bridge & Iron Company N.V. during the first quarter worth $230,000. Finally, Leavell Investment Management Inc. purchased a new stake in shares of Chicago Bridge & Iron Company N.V. during the first quarter worth $231,000. Institutional investors and hedge funds own 65.63% of the company’s stock.

Chicago Bridge & Iron Company N.V. Company Profile

Chicago Bridge & Iron Company N.V. provides services to customers in energy infrastructure market. The Company provides services, such as conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management and environmental services.

Analyst Recommendations for Chicago Bridge & Iron Company N.V. (NYSE:CBI)

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