Johnson Rice upgraded KBR, Inc. (NYSE:KBR) to Accumulate in a report released today.
- Updated: October 9, 2016
Johnson Rice has upgraded KBR, Inc. (NYSE:KBR) to Accumulate in a statement released on 10/5/2016.
Yesterday KBR, Inc. (NYSE:KBR) traded -0.25% lower at $14.02. The company’s 50-day moving average is $14.79 and its two hundred day average is $14.62. With the last close down 10.36% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time. 3,884,163 shares of KBR, Inc. exchanged hands, up from an avg. volume of 1,504,440
Recent Performance Chart
With a market capitalization of $0, KBR, Inc. has one year low of $11.61 and a one year high of $19.94 with a P/E ratio of 12.51 .
Also covering KBR, Inc.'s target, a total of 12 equity analysts have issued a ratings update on KBR, Inc.. The 12-month price target is $17.92 with 1 firm rating the stock a strong buy, 4 equity analysts rating the company a buy, ten firms rating the stock a hold, 0 analysts rating the company a underperform, and lastly 0 brokerages rating the stock a sell.
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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