KBR, Inc. (NYSE:KBR) Receives $78.00 Consensus Price Target from Analysts

KBR, Inc. (NYSE:KBR - Get Free Report) has received a consensus rating of "Moderate Buy" from the seven research firms that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $78.00.

Several research firms have commented on KBR. TD Cowen lowered their price target on shares of KBR from $72.00 to $64.00 and set a "hold" rating on the stock in a report on Wednesday, January 8th. KeyCorp lowered their price objective on shares of KBR from $78.00 to $70.00 and set an "overweight" rating for the company in a research report on Wednesday, January 8th. UBS Group upped their target price on shares of KBR from $77.00 to $78.00 and gave the stock a "buy" rating in a research note on Wednesday, October 30th. Citigroup lowered their price objective on KBR from $82.00 to $76.00 and set a "buy" rating for the company in a research report on Wednesday, January 29th. Finally, DA Davidson reaffirmed a "buy" rating and set a $84.00 price objective on shares of KBR in a research report on Tuesday, November 19th.

KBR Trading Up 1.0 %

NYSE:KBR traded up $0.55 during midday trading on Monday, hitting $54.31. 1,082,236 shares of the company traded hands, compared to its average volume of 1,229,064. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.69. The firm's fifty day moving average is $57.77 and its 200-day moving average is $62.97. KBR has a 12-month low of $52.57 and a 12-month high of $72.60. The firm has a market capitalization of $7.24 billion, a P/E ratio of 22.82, a P/E/G ratio of 0.92 and a beta of 0.83.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of KBR. True Wealth Design LLC bought a new position in KBR in the 3rd quarter valued at about $26,000. UMB Bank n.a. boosted its holdings in shares of KBR by 49.2% during the 4th quarter. UMB Bank n.a. now owns 531 shares of the construction company's stock worth $31,000 after buying an additional 175 shares in the last quarter. First Horizon Advisors Inc. bought a new stake in KBR in the 4th quarter valued at about $32,000. Eastern Bank bought a new position in KBR in the 3rd quarter valued at about $65,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of KBR in the 4th quarter worth $68,000. Institutional investors own 97.02% of the company's stock.

About KBR

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.