Impact of Brokerage Rating on Chicago Bridge & Iron Company N.V.(CBI)

Many Chicago Bridge & Iron Company N.V.(CBI) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Chicago Bridge & Iron Company N.V. was Initiated by Argus on Dec 7, 2016 to Buy, Price Target of the shares are set at $43.

Company has reported several Insider transactions to the SEC, on Dec 13, 2016, Beth A Bailey (EXECUTIVE VICE PRESIDENT) sold 5,000 shares at 36.03 per share price.On Sep 13, 2016, Patrick K Mullen (Executive Vice President) sold 18,567 shares at 28.99 per share price.On Aug 22, 2016, Philip K Asherman (President and CEO) sold 248,500 shares at 33.04 per share price.

Chicago Bridge & Iron Company N.V. Last issued its quarterly earnings results on Oct 27, 2016. The company reported $1.20 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $1.17. The company had revenue of $2776.00 million for the quarter, compared to analysts expectations of $2745.05 million. The companys revenue was down -16.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.54 EPS.

Chicago Bridge & Iron Company N.V. (NYSE:CBI) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2.7 by 10 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 5 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.

Chicago Bridge & Iron Company N.V. (NYSE:CBI): 6 Analyst have given the stock of Chicago Bridge & Iron Company N.V. (NYSE:CBI) a near short term price target of $40.33. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $7.23. The higher price target estimate is at $50 while the lower price estimates are fixed at $31.

Chicago Bridge & Iron Company N.V. (NYSE:CBI) rose 1.9% or 0.66 points on Tuesday and made its way into the gainers of the day. After trading began at $34.5 the stock was seen hitting $35.37 as a peak level and $33.821 as the lowest level. The stock ended up at $35.35. The daily volume was measured at 2,144,301 shares. The 52-week high of the share price is $41.33 and the 52-week low is $26.12. The company has a market cap of $3,538 million.

Chicago Bridge & Iron Company N.V. designs, builds, repairs and modifies steel tanks and other steel plate structures and associated systems. The Company designs and builds petroleum terminals, refinery pressure vessels, low temperature and cryogenic storage facilities and elevated water storage tanks for clients internationally.


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