KBR, Inc. (NYSE:KBR) Receives Average Recommendation of “Moderate Buy” from Analysts

KBR, Inc. (NYSE:KBR) has earned a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $78.00.

KBR has been the subject of several research analyst reports. StockNews.com downgraded KBR from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 6th. UBS Group upped their price objective on shares of KBR from $77.00 to $78.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. DA Davidson reiterated a “buy” rating and issued a $84.00 target price on shares of KBR in a research report on Tuesday, November 19th. Citigroup cut their target price on shares of KBR from $82.00 to $76.00 and set a “buy” rating for the company in a research note on Wednesday, January 29th. Finally, KeyCorp lowered their price objective on KBR from $78.00 to $70.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th.

Institutional Trading of KBR

Hedge funds and other institutional investors have recently modified their holdings of the stock. Hennessy Advisors Inc. purchased a new position in KBR during the fourth quarter worth about $47,022,000. Jennison Associates LLC raised its position in shares of KBR by 27.8% during the 3rd quarter. Jennison Associates LLC now owns 1,621,740 shares of the construction company’s stock valued at $105,624,000 after buying an additional 353,209 shares during the period. Franklin Resources Inc. lifted its holdings in KBR by 14.5% in the third quarter. Franklin Resources Inc. now owns 2,416,531 shares of the construction company’s stock valued at $167,876,000 after acquiring an additional 305,889 shares during the last quarter. Van ECK Associates Corp grew its position in KBR by 33.0% in the fourth quarter. Van ECK Associates Corp now owns 882,086 shares of the construction company’s stock worth $51,099,000 after acquiring an additional 218,853 shares during the period. Finally, TimesSquare Capital Management LLC increased its stake in KBR by 60.2% during the third quarter. TimesSquare Capital Management LLC now owns 549,366 shares of the construction company’s stock worth $35,780,000 after acquiring an additional 206,426 shares during the last quarter. 97.02% of the stock is owned by institutional investors and hedge funds.

KBR Stock Performance

NYSE KBR opened at $54.46 on Monday. The stock has a market capitalization of $7.26 billion, a price-to-earnings ratio of 22.88, a PEG ratio of 0.92 and a beta of 0.85. The stock has a 50-day moving average of $58.39 and a 200 day moving average of $63.30. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.69. KBR has a twelve month low of $51.95 and a twelve month high of $72.60.

KBR Company Profile

KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. It operates through Government Solutions and Sustainable Technology Solutions segments. The Government Solutions segment offers life-cycle support solutions to defense, intelligence, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia.