A report released today by Zacks Investment Research about Babcock & Wilcox Enterprises Inc (NYSE:BW) raises the target price to $18.00
- Updated: September 27, 2016
Yesterday Babcock & Wilcox Enterprises Inc (NYSE:BW) traded -0.85% lower at $16.26. The company’s 50-day moving average is $16.57 and its 200-day moving average is $18.96. The last closing price is down -14.25% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 448,790 shares of the stock traded hands, down from an average trading volume of 570,031
In a report released on Tuesday September 27, 2016 Zacks Investment Research increased the stock price target of Babcock & Wilcox Enterprises Inc (NYSE:BW) to $18.00 reporting a possible upside of 0.11%.
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Babcock & Wilcox Enterprises Inc has a 52 week low of $14.27 and a 52 week high of $23.99 BW’s total market value is presently $0.
Brief Synopsis About Babcock & Wilcox Enterprises Inc (NYSE:BW)
Babcock & Wilcox Enterprises, Inc. is a technology-based provider of fossil and renewable power generation and environmental equipment that includes a suite of boiler products and environmental systems, and services for power and industrial uses. The Company operates in three segments: Global Power, Global Services and Industrial Environmental. Through its Global Power segment, the Company engineers, manufactures, procures, constructs and commissions boilers fueled by fossil fuels and renewables in addition to environmental systems and related auxiliary equipment primarily to steam generating customers globally. Through its Global Services segment, the Company provides aftermarket products and services to steam generating utilities across the world and various industrial customers. Through its Industrial Environmental segment, the Company provides a range of environmental technology and services to industrial end markets across the world.
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