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Chicago Bridge & Iron Company N.V. (NYSE:CBI) target price raised to $38.16, issued a report today by Vetr Inc.

Chicago Bridge & Iron Company N.V. (NYSE:CBI) had its target price raised to $38.16 by Vetr Inc. in a report released 11/28/2016. The new target price indicates a possible upside of 0.13% based on the company's last closing price.

Previously on 11/22/2016, Vetr Inc. reported on Chicago Bridge & Iron Company N.V. (NYSE:CBI) raised the target price from $0.00 to $33.63. At the time, this indicated a possible downside of -0.01%.

Yesterday Chicago Bridge & Iron Company N.V. (NYSE:CBI) traded -2.55% lower at $33.68. The company’s 50-day moving average is $29.83 and its 200-day moving average is $32.66. The last closing price is up 0.50% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 1,283,112 shares of the stock were exchanged, down from an average trading volume of 1,782,770

See Chart Below

Chicago Bridge & Iron Company N.V. (NYSE:CBI)

Chicago Bridge & Iron Company N.V. has a 52 week low of $26.12 and a 52 week high of $42.87 with a P/E ratio of 11.97 The company’s market cap is currently $0.

In addition to Vetr Inc. reporting its target price, a total of 14 brokers have issued a report on the stock. The consensus target price is $49.25 with 6 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 4 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Chicago Bridge & Iron Company N.V. (NYSE:CBI)

Chicago Bridge & Iron Company N.V. (CB&I) provides a range of services to customers in the energy infrastructure market across the world. The Company provides various services, such as conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management and environmental services. It operates through four segments. Its Engineering and Construction segment provides engineering, procurement, and construction (EPC) services. Its Fabrication Services segment provides fabrication and erection of steel plate structures; fabrication of piping systems and process modules, and manufacturing and distribution of pipe and fittings. Its Technology segment provides licensed process technologies and catalysts for use in petrochemical facilities and oil refineries. Its Capital Services operating group provides environmental engineering and remediation, infrastructure EPC services and program management.

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