KBR (KBR) Price Target Raised to $23.00
KBR (NYSE:KBR) had its price objective lifted by analysts at Citigroup from $22.00 to $23.00 in a report issued on Tuesday. The brokerage currently has a “neutral” rating on the construction company’s stock. Citigroup’s price objective suggests a potential upside of 24.19% from the stock’s previous close.
Several other analysts have also weighed in on the stock. Zacks Investment Research raised shares of KBR from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a report on Monday. ValuEngine raised shares of KBR from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Credit Suisse Group increased their price target on shares of KBR from $19.00 to $22.00 and gave the company an “outperform” rating in a research note on Thursday, November 2nd. TheStreet raised shares of KBR from a “c” rating to a “b-” rating in a research note on Tuesday, October 31st. Finally, DA Davidson cut shares of KBR from a “buy” rating to a “neutral” rating and set a $22.00 price target on the stock. in a research note on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $21.43.
Shares of KBR (NYSE KBR) opened at $18.52 on Tuesday. The firm has a market cap of $2,590.00, a P/E ratio of 36.31, a PEG ratio of 1.51 and a beta of 1.02. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.30 and a current ratio of 1.30. KBR has a fifty-two week low of $13.36 and a fifty-two week high of $21.69.
WARNING: This article was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this article on another publication, it was copied illegally and reposted in violation of United States & international copyright and trademark legislation. The legal version of this article can be viewed at https://www.thecerbatgem.com/2018/02/08/kbr-kbr-price-target-raised-to-23-00.html.
KBR, Inc is a provider of professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries. The Company operates through business segments, including Technology & Consulting (T&C), Engineering & Construction (E&C), Government Services (GS), Non-strategic Business and Other.
Receive News & Ratings for KBR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KBR and related companies with MarketBeat.com's FREE daily email newsletter.