ValuEngine upgraded shares of KBR (NYSE:KBR) from a sell rating to a hold rating in a report published on Monday, February 4th.
Several other equities research analysts also recently weighed in on KBR. Drexel Hamilton set a $22.00 price target on KBR and gave the stock a buy rating in a report on Tuesday, October 30th. Credit Suisse Group increased their price objective on KBR from $24.00 to $25.00 and gave the stock a neutral rating in a research report on Wednesday, October 31st. Zacks Investment Research reiterated a strong-buy rating and issued a $23.00 price objective on shares of KBR in a research report on Tuesday, November 13th. TheStreet cut KBR from a b rating to a c+ rating in a research report on Monday, December 24th. Finally, MKM Partners initiated coverage on KBR in a research report on Friday, December 28th. They issued a top pick rating and a $25.00 price objective for the company. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of $22.45.
Shares of NYSE KBR traded up $0.10 during mid-day trading on Monday, hitting $17.52. 1,277,836 shares of the company were exchanged, compared to its average volume of 1,923,205. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.29 and a quick ratio of 1.29. KBR has a 1-year low of $13.90 and a 1-year high of $22.22. The company has a market cap of $2.40 billion, a PE ratio of 11.76, a P/E/G ratio of 1.30 and a beta of 1.32.
Institutional investors have recently bought and sold shares of the stock. Oregon Public Employees Retirement Fund increased its position in KBR by 1,450.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 855,408 shares of the construction company’s stock worth $56,000 after purchasing an additional 800,245 shares in the last quarter. Meeder Asset Management Inc. boosted its stake in KBR by 333.2% in the 4th quarter. Meeder Asset Management Inc. now owns 10,505 shares of the construction company’s stock worth $161,000 after buying an additional 8,080 shares during the last quarter. PEAK6 Investments LLC acquired a new position in shares of KBR in the 3rd quarter valued at about $211,000. Dupont Capital Management Corp acquired a new position in shares of KBR in the 4th quarter valued at about $233,000. Finally, Trilogy Capital Inc. acquired a new position in shares of KBR in the 3rd quarter valued at about $234,000. Hedge funds and other institutional investors own 97.74% of the company’s stock.
KBR Company Profile
KBR, Inc provides professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries worldwide. The company operates through three segments: Government Services, Technology & Consulting, and Engineering & Construction. The Government Services segment offers life-cycle support solutions to defense, space, aviation, and other programs and missions for government agencies in the United States, the United Kingdom, and Australia.
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