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Shares of Kirby (NYSE:KEX) reached a new 52-week high during mid-day trading on Friday , Stock Ratings Network.com reports. The company traded as high as $114.48 and last traded at $114.27, with a volume of 122,370 shares trading hands. The stock had previously closed at $114.06.

KEX has been the subject of a number of recent research reports. Analysts at Wunderlich raised their price target on shares of Kirby from $120.00 to $130.00 in a research note on Thursday, May 29th. They now have a “buy” rating on the stock. Separately, analysts at FBR Capital Markets raised their price target on shares of Kirby from $130.00 to $135.00 in a research note on Tuesday, May 27th. They now have an “outperform” rating on the stock. Finally, analysts at FBR Capital Markets raised their price target on shares of Kirby from $125.00 to $130.00 in a research note on Monday, May 5th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Kirby has a consensus rating of “Buy” and an average price target of $116.67.

The stock has a 50-day moving average of $106.5 and a 200-day moving average of $100.7. The company has a market cap of $6.503 billion and a P/E ratio of 25.14.

Kirby (NYSE:KEX) last released its earnings data on Wednesday, April 30th. The company reported $1.15 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.09 by $0.06. On average, analysts predict that Kirby will post $5.01 earnings per share for the current fiscal year.

In other Kirby news, Director William M. Lamont, Jr. unloaded 2,500 shares of the company’s stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $110.19, for a total value of $275,475.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Kirby Corporation is a domestic tank barge operator, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, and along all three United States coasts and in Alaska and Hawaii.

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