KBR, Inc. (NYSE:KBR) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 5, 2016
Boasting a price of $14.02, KBR, Inc. (NYSE:KBR) traded 5.32% higher on the day. With the last stock price close down 1.73% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. KBR, Inc. has recorded a 50-day average of $14.75 and a two hundred day average of $14.60. Volume of trade was down over the average, with 645,653 shares of KBR changing hands under the typical 1,353,130
Zacks Investment Research has downgraded KBR, Inc. (NYSE:KBR) to Hold in a statement released on 10/05/2016.
With a total market value of $0, KBR, Inc. has price-earnings ratio of 11.51 with a one year low of $11.61 and a one year high of $19.94 .
A total of 12 equity analysts have released a ratings update on KBR. One equity analyst rating the company a strong buy, four equity analysts rating the company a buy, ten equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $17.92.
Brief Synopsis About 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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