A number of firms have modified their ratings and price targets on shares of Chicago Bridge & Iron Company (NYSE: CBI) recently:
- Chicago Bridge & Iron Company had its price target raised by analysts at Stifel Nicolaus from $53.00 to $65.00. They now have a “buy” rating on the stock.
- Chicago Bridge & Iron Company had its price target raised by analysts at UBS AG from $59.00 to $60.00. They now have a “buy” rating on the stock.
- Chicago Bridge & Iron Company had its price target raised by analysts at Barclays Capital from $62.00 to $63.00. They now have an “overweight” rating on the stock.
- Chicago Bridge & Iron Company had its price target raised by analysts at Lazard Capital Markets from $57.00 to $64.00. They now have a “buy” rating on the stock.
- Chicago Bridge & Iron Company was given a new $58.00 price target on by analysts at Credit Suisse. They now have a “neutral” rating on the stock.
Chicago Bridge & Iron Company opened at 55.25 on Thursday. Chicago Bridge & Iron Company has a 52-week low of $32.48 and a 52-week high of $55.99. The stock’s 50-day moving average is currently $52.1. The company has a market cap of $5.330 billion and a price-to-earnings ratio of 17.92.
Chicago Bridge & Iron Company NV (CB&I) is a Netherlands-based integrated engineering, procurement and construction (EPC) services provider and process technology licensor, delivering solutions to customers primarily in the energy and natural resources industries.
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