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A statement released today by Stifel Nicolaus about Kirby Corp (NYSE:KEX) ups the target price to $54.00

Indicating a possible downside of -0.09%, Stifel Nicolaus increased the stock price target of Kirby Corp (NYSE:KEX) to $54.00

Yesterday Kirby Corp (NYSE:KEX) traded 3.12% higher at $59.31. The company’s 50-day moving average is $55.94 and its 200-day moving average is $61.37. The last stock close price is down 1.29% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 821,531 shares of the stock were exchanged, up from an average trading volume of 779,689

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Kirby Corp (NYSE:KEX)

Kirby Corp has a 52 week low of $44.63 and a 52 week high of $73.25 with a P/E ratio of 18.23 The company’s market cap is currently $0.

Also covering Kirby Corp's target price, a total of 12 firms have issued a research note on the company. The average stock price target is $64.67 with three equity analysts rating the company a strong buy, 1 firm rating the stock a buy, eight analysts rating the stock a hold, 1 brokerage rating the company a underperform, and lastly zero brokers rating the stock a sell.

General Information About Kirby Corp (NYSE:KEX)

Kirby Corporation is a domestic tank barge operator, transporting bulk liquid products. The Company, through its subsidiaries, operates in two segments: Marine Transportation and Diesel Engine Services. The Company, through its Marine Transportation segment, is a provider of marine transportation services, operating tank barges and towing vessels transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along all the three United States coasts and in Alaska and Hawaii. Its engine services segment, sells replacement parts, provides service mechanics to overhaul and repair medium-speed and high-speed diesel engines, transmissions, reduction gears, pumps and compression products, maintains facilities to rebuild component parts or entire medium-speed and high-speed diesel engines.

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