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.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Zions Bancorporation bought a new stake in shares of KBR during the third quarter valued at approximately $113,000. Balter Liquid Alternatives LLC bought a new stake in shares of KBR during the fourth quarter valued at approximately $138,000. Strs Ohio grew its stake in shares of KBR by 141.7% during the third quarter. Strs Ohio now owns 8,700 shares of the construction company’s stock valued at $155,000 after purchasing an additional 5,100 shares during the last quarter. Shelton Capital Management bought a new stake in shares of KBR during the second quarter valued at approximately $160,000. Finally, GSA Capital Partners LLP bought a new stake in shares of KBR during the second quarter valued at approximately $162,000.

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About KBR

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.

Analyst Recommendations for KBR (NYSE:KBR)

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