RBC Capital Markets upgraded Kirby Corp (NYSE:KEX) from Sector Perform to Outperform in a report released today.
- Updated: September 20, 2016
RBC Capital Markets has upgraded Kirby Corp (NYSE:KEX) from Sector Perform to Outperform in a report released on 9/20/2016.
Previously on Thursday August 18, 2016, Vetr Inc. released a statement about Kirby Corp (NYSE:KEX) increased the target price from $0.00 to $53.00. At the time, this indicated a possible downside of -0.04%.
Just yesterday Kirby Corp (NYSE:KEX) traded 0.00% even at $57.00. Kirby Corp’s 50-day moving average is $54.45 and its 200-day moving average is $61.40. The last stock price is down -7.16% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 0 shares of KEX traded hands, down from an average trading volume of 810,234
Recent Performance Chart
Kirby Corp has 52 week low of $44.63 and a 52 week high of $73.25 with a PE ratio of 16.7200 and has a market capitalization of $0.
In addition to RBC Capital Markets reporting its stock price target, a total of 12 brokerages have issued a research note on the company. The average stock price target is $64.67 with 3 brokerages rating the stock a strong buy, 1 brokerage rating the stock a buy, 8 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Kirby Corp (NYSE:KEX)
Kirby Corporation is a domestic tank barge operator, transporting bulk liquid products. The Company, through its subsidiaries, operates in two segments: Marine Transportation and Diesel Engine Services. The Company, through its Marine Transportation segment, is a provider of marine transportation services, operating tank barges and towing vessels transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along all the three United States coasts and in Alaska and Hawaii. Its engine services segment, sells replacement parts, provides service mechanics to overhaul and repair medium-speed and high-speed diesel engines, transmissions, reduction gears, pumps and compression products, maintains facilities to rebuild component parts or entire medium-speed and high-speed diesel engines.
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