Brokerage Firm Rating Update on KBR (KBR)

KBR (KBR) : 7 analysts are covering KBR (KBR) and their average rating on the stock is 2.43, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

KBR (KBR) : Currently there are 7 street experts covering KBR (KBR) stock. The most bullish and bearish price target for the stock is $24 and $14 respectively for the short term. The average price target of all the analysts comes to $17.43. The estimated standard deviation from the target is $3.55.


Company shares have received an average consensus rating of Hold for the current week Also, MKM Partners initiates coverage on KBR (NYSE:KBR) The current rating of the shares is Neutral. The rating by the firm was issued on June 29, 2016.

KBR (NYSE:KBR): The stock opened at $14.65 and touched an intraday high of $14.79 on Wednesday. During the day, the stock corrected to an intraday low of $14.54, however, the bulls stepped in and pushed the price higher to close in the green at $14.78 with a gain of 0.75% for the day. The total traded volume for the day was 901,560. The stock had closed at $14.67 in the previous trading session.

KBR, Inc. is an engineering, procurement, construction and services company. The Company offers a portfolio of technology and consulting services; engineering, construction, procurement and asset maintenance services; and base operational, logistics, life support and asset management services. The Company operates in three business segments: Technology & Consulting (T&C), Engineering & Construction (E&C) and Government Services (GS). The T&C segment provides technologies and consulting services to the oil and gas value chain. The E&C provides engineering and engineering, procurement and construction services for the development, construction and commissioning of projects. The GS business segment focuses on service contracts particularly for the United Kingdom, Australian and United States Governments. It provides services to international and national oil and gas companies, independent refiners, manufacturers and domestic and foreign Governments, among others.

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