KBR (NYSE:KBR) Is a Company that Goldman Seems to Like as Upgrade in Given

June 14, 2018 - By Hazel Jackson

KBR, Inc. (NYSE:KBR) Logo

Investors sentiment increased to 1.2 in Q1 2018. Its up 0.24, from 0.96 in 2017Q4. It increased, as 27 investors sold KBR, Inc. shares while 64 reduced holdings. 38 funds opened positions while 71 raised stakes. 129.90 million shares or 3.15% less from 134.13 million shares in 2017Q4 were reported.

Hsbc Hldg Public Limited Com stated it has 47,788 shares. Paloma Mngmt Co holds 79,043 shares. Employees Retirement Systems Of Ohio holds 0% in KBR, Inc. (NYSE:KBR) or 21,300 shares. Strs Ohio stated it has 0% of its portfolio in KBR, Inc. (NYSE:KBR). Arizona State Retirement accumulated 94,928 shares. Rk Capital Mngmt Ltd accumulated 265,700 shares. Principal Grp reported 0.01% of its portfolio in KBR, Inc. (NYSE:KBR). State Teachers Retirement Systems owns 286,844 shares or 0.01% of their US portfolio. Strategic Wealth Advisors Limited Liability Co accumulated 13,413 shares. Nj State Employees Deferred Compensation Plan holds 36,200 shares. Northern Trust invested in 0.01% or 2.08 million shares. France-based Fund Mgmt has invested 0% in KBR, Inc. (NYSE:KBR). Cornercap Invest Counsel holds 0.08% in KBR, Inc. (NYSE:KBR) or 35,890 shares. Profund Advsr Ltd Llc has 20,727 shares for 0.01% of their portfolio. Mutual Of America Capital Mngmt Lc, New York-based fund reported 115,905 shares.

KBR (NYSE:KBR) Stock Upgrade

The rating for shares of KBR (NYSE:KBR) were upped by stock analysts at Goldman from a Sell rating to a Neutral rating in an analyst report issued to clients and investors on 14 June.

KBR, Inc. (NYSE:KBR) Ratings Coverage

Among 5 analysts covering KBR (NYSE:KBR), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. KBR has $24.0 highest and $17 lowest target. $20.50’s average target is 12.21% above currents $18.27 stock price. KBR had 6 analyst reports since February 6, 2018 according to SRatingsIntel. The rating was downgraded by Credit Suisse on Monday, February 26 to “Neutral”. As per Friday, April 27, the company rating was upgraded by DA Davidson. The company was maintained on Tuesday, February 6 by Citigroup. Alembic maintained KBR, Inc. (NYSE:KBR) rating on Monday, February 26. Alembic has “Buy” rating and $24.0 target. Citigroup maintained KBR, Inc. (NYSE:KBR) on Monday, February 26 with “Neutral” rating.

The stock increased 0.33% or $0.06 during the last trading session, reaching $18.27. About 1.47M shares traded. KBR, Inc. (NYSE:KBR) has risen 23.17% since June 14, 2017 and is uptrending. It has outperformed by 10.60% the S&P500.

Analysts await KBR, Inc. (NYSE:KBR) to report earnings on August, 1. They expect $0.32 earnings per share, down 40.74 % or $0.22 from last year’s $0.54 per share. KBR’s profit will be $45.00M for 14.27 P/E if the $0.32 EPS becomes a reality. After $0.34 actual earnings per share reported by KBR, Inc. for the previous quarter, Wall Street now forecasts -5.88 % negative EPS growth.

KBR, Inc. provides professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries worldwide. The company has market cap of $2.57 billion. The firm operates through three divisions: Government Services, Technology & Consulting, and Engineering & Construction. It has a 5.98 P/E ratio. 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.

More notable recent KBR, Inc. (NYSE:KBR) news were published by: 247Wallst.com which released: “Merrill Lynch Adds Top Gaming Stock to Endeavor Small Cap Portfolio” on May 31, 2018, also 247Wallst.com with their article: “Top Analyst Upgrades and Downgrades: Capital One, Hewlett Packard Enterprises, Kohl’s, Roku, Spotify, Steel …” published on June 14, 2018, Prnewswire.com published: “KBR, Inc. to Participate at the KeyBanc Capital Markets’ Industrial & Basic Materials Conference” on May 29, 2018. More interesting news about KBR, Inc. (NYSE:KBR) were released by: Prnewswire.com and their article: “KBR, Inc. to Participate at the Deutsche Bank’s 9th Annual Industrials & Materials Conference” published on June 04, 2018 as well as Seekingalpha.com‘s news article titled: “KBRwyle wins additional LOGCAP IV work” with publication date: June 11, 2018.

KBR, Inc. (NYSE:KBR) Institutional Positions Chart

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