Short Term Rating on KBR (KBR)

KBR (KBR) has an average broker rating of 2.56, which is interpreted as a Hold, as rated by 9 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

KBR (KBR) : 7 investment research analysts covering KBR (KBR) have an average price target of $17.93 for the near short term. The highest target price given by the Brokerage Firm to the stock is $24 and the lowest target is $14 for the short term. Analysts expect the variance to be within $3.35 of the average price.

Company shares have received an average consensus rating of Hold for the current week


KBR (NYSE:KBR): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.18 and $14.13 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.63. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.57, notching a gain of 4.44% for the day. The total traded volume was 1,355,546 . The stock had closed at $13.95 on the previous day.

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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