Are KBR (NYSE:KBR) Shares Headed North? Goldman Issues Upgrade.

June 14, 2018 - By Tina Thibodeau

KBR, Inc. (NYSE:KBR) Logo

Investors sentiment increased to 1.2 in Q1 2018. Its up 0.24, from 0.96 in 2017Q4. It improved, 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.

Texas Permanent School Fund owns 92,859 shares. National Bank Of America De owns 894,153 shares. Voya Limited Liability Company invested 0% in KBR, Inc. (NYSE:KBR). Qs Investors Ltd Liability invested 0.02% in KBR, Inc. (NYSE:KBR). Glenmede Tru Com Na owns 159,556 shares for 0.01% of their portfolio. Citigroup holds 0% of its portfolio in KBR, Inc. (NYSE:KBR) for 37,397 shares. Northern Tru Corporation reported 2.08 million shares. Lpl Fincl Lc invested 0% in KBR, Inc. (NYSE:KBR). Amer Interest Group Inc, a New York-based fund reported 367,617 shares. 886,483 are held by Invesco Ltd. Employees Retirement Sys Of Ohio reported 21,300 shares. Mackenzie stated it has 0.03% in KBR, Inc. (NYSE:KBR). Moreover, Manufacturers Life Insurance Com The has 0.01% invested in KBR, Inc. (NYSE:KBR). Mutual Of America Capital Mgmt Ltd Company reported 115,905 shares stake. Wells Fargo Co Mn stated it has 166,113 shares or 0% of all its holdings.

KBR (NYSE:KBR) Stock Upgrade

Goldman increased shares of KBR (NYSE:KBR) from a Sell rating to a solid Neutral in analysts report revealed on today.

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 firm has “Neutral” rating given on Monday, February 26 by Credit Suisse. DA Davidson upgraded the shares of KBR in report on Friday, April 27 to “Buy” rating. The firm has “Neutral” rating by Citigroup given on Monday, February 26. Alembic maintained the stock with “Buy” rating in Monday, February 26 report. Citigroup maintained KBR, Inc. (NYSE:KBR) rating on Tuesday, February 6. Citigroup has “Neutral” rating and $23 target.

The stock increased 0.33% or $0.06 during the last trading session, reaching $18.27. About 1.47 million 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: which released: “KBRwyle wins additional LOGCAP IV work” on June 11, 2018, also with their article: “Top Analyst Upgrades and Downgrades: Capital One, Hewlett Packard Enterprises, Kohl’s, Roku, Spotify, Steel …” published on June 14, 2018, published: “Merrill Lynch Adds Top Gaming Stock to Endeavor Small Cap Portfolio” on May 31, 2018. More interesting news about KBR, Inc. (NYSE:KBR) were released by: 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‘s news article titled: “KBR, Inc. to Participate at the KeyBanc Capital Markets’ Industrial & Basic Materials Conference” with publication date: May 29, 2018.

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

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