Deutsche Bank upgraded KBR Inc (NYSE:KBR) from Hold to Buy in a report released today.
- Updated: October 3, 2016
Deutsche Bank has upgraded KBR Inc (NYSE:KBR) from Hold to Buy in a statement released on Tuesday October 04, 2016.
On 10/03/2016, Zacks Investment Research released a statement about KBR Inc (NYSE:KBR) upped the target price from $0.00 to $17.00 that suggested an upside of 0.25%.
Having a price of $13.63, KBR Inc (NYSE:KBR) traded -9.91% lower on the day. With the last stock price down -6.77% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. KBR has recorded a 50-day average of $14.86 and a two hundred day average of $14.62. Trade Volume was up over the average, with 5,230,453 shares of KBR changing hands over the typical 1,251,010
Recent Performance Chart
KBR Inc has PE ratio of 10.57 with a one year low of $11.61 and a one year high of $19.94 and has a market capitalization of $0.
A total of 12 brokerages have issued a ratings update on KBR Inc. One brokerage rating the company a strong buy, four brokerages rating the company a buy, ten brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $17.92.
General Company Details For KBR Inc (NYSE:KBR)
KBR, Inc. (KBR) is an engineering, procurement, construction and services company. The Company supports global hydrocarbons and international Government services market sectors. It operates through three business segments: Technology & Consulting (T&C), Engineering & Construction (E&C), and Government Services (GS). Its T&C segment combines KBR technologies, knowledge-based services and its three specialty consulting brands, Granherne, Energo and GVA, under a customer-facing global business. Its E&C segment offers project delivery solutions from conceptual planning, through FEED and execution planning, to full EPC delivery and ongoing asset services, such as maintenance and turnarounds. Its GS segment focuses on service contracts with annuity streams particularly for the United Kingdom, Australian and the United States Governments. It provides services to a customer base, including international and national oil and gas companies and petrochemical producers.
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