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Chicago Bridge & Iron Company (NYSE:CBI)‘s stock had its “buy” rating reaffirmed by equities researchers at Deutsche Bank in a research report issued on Thursday. They currently have a $80.00 target price on the stock, down from their previous target price of $93.00. Deutsche Bank’s price objective would suggest a potential upside of 27.45% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Chicago Bridge & Iron Company in a research note on Friday, August 8th. They now have a $61.00 price target on the stock. Separately, analysts at Erste Group downgraded shares of Chicago Bridge & Iron Company to a “sell” rating in a research note on Tuesday, August 5th. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Chicago Bridge & Iron Company in a research note on Friday, July 25th. They now have a $87.00 price target on the stock, down previously from $93.00. Two research analysts have rated the stock with a sell rating, four have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. Chicago Bridge & Iron Company has a consensus rating of “Buy” and an average price target of $83.18.

Shares of Chicago Bridge & Iron Company (NYSE:CBI) traded up 1.55% during mid-day trading on Thursday, hitting $63.74. The stock had a trading volume of 777,382 shares. Chicago Bridge & Iron Company has a 52 week low of $57.54 and a 52 week high of $89.22. The stock’s 50-day moving average is $62.67 and its 200-day moving average is $75.2. The company has a market cap of $6.896 billion and a price-to-earnings ratio of 12.53.

Chicago Bridge & Iron Company (NYSE:CBI) last released its earnings data on Thursday, July 24th. The company reported $1.36 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.28 by $0.08. The company had revenue of $3.29 billion for the quarter, compared to the consensus estimate of $3.29 billion. During the same quarter in the prior year, the company posted $1.04 earnings per share. The company’s quarterly revenue was up 15.6% on a year-over-year basis. On average, analysts predict that Chicago Bridge & Iron Company will post $5.10 earnings per share for the current fiscal year.

Chicago Bridge & Iron Company N.V. is an energy infrastructure focused company and provider of government services.

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