KBR, Inc. (NYSE:KBR) price target bumped down to $15.00, issued a ratings update earlier today by Goldman Sachs Group Inc.
- Updated: October 11, 2016
Indicating a possible downside of 0.00%, Goldman Sachs Group Inc. bumped down the target price of KBR, Inc. (NYSE:KBR) to $15.00
Having a price of $15.01, KBR, Inc. (NYSE:KBR) traded -6.64% lower on the day. The last closing price is up 3.79% from the 200-day moving average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the date range. KBR, Inc. has recorded a 50-day average of $14.82 and a 200-day moving average of $14.63. 618,826 shares of the stock traded hands, down from an avg. volume of 1,522,470
KBR, Inc. has a price-earnings ratio of 11.77 with a one year low of $11.61 and a one year high of $19.94 KBR, Inc.’s market capitalization is presently $0.
A total of 12 brokers have issued a report on KBR. One brokerage rating the company a strong buy, four analysts rating the company a buy, 10 brokers rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 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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