KBR Given Average Rating of “Buy” by Brokerages (NYSE:KBR)
Shares of KBR (NYSE:KBR) have been given a consensus rating of “Buy” by the seventeen brokerages that are covering the company, Analyst Ratings Network.com reports. Five equities research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $31.00.
Shares of KBR (NYSE:KBR) opened at 22.02 on Wednesday. KBR has a 1-year low of $20.42 and a 1-year high of $36.70. The stock’s 50-day moving average is $21.94 and its 200-day moving average is $25.14. The company’s market cap is $3.198 billion.
KBR (NYSE:KBR) last announced its earnings results on Thursday, July 31st. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by $0.32. Analysts expect that KBR will post $0.19 EPS for the current fiscal year.
A number of research firms have recently commented on KBR. Analysts at Cowen and Company cut their price target on shares of KBR from $27.00 to $22.00 in a research note on Monday, August 18th. Separately, analysts at Barclays cut their price target on shares of KBR from $31.00 to $28.00 in a research note on Friday, August 1st. They now have an “overweight” rating on the stock. Finally, analysts at Johnson Rice reiterated an “equal weight” rating on shares of KBR in a research note on Friday, June 20th. They now have a $28.00 price target on the stock, down previously from $32.00.
KBR, Inc (NYSE:KBR) is a global engineering, construction and services company supporting the energy, hydrocarbons, Government services, minerals, civil infrastructure, power, industrial and commercial markets.
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