Chicago Bridge & Iron Company (NYSE: CBI) had its price target upped by Barclays Capital from $62.00 to $63.00 in a research report released on Thursday morning. Barclays Capital currently has an overweight rating on the stock.
Shares of Chicago Bridge & Iron Company traded up 0.11% during mid-day trading on Thursday, hitting $54.0197. 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 $51.53. The company has a market cap of $5.212 billion and a P/E ratio of 17.58.
The company also recently declared a special dividend, which is scheduled for Thursday, March 28th. Investors of record on Monday, March 18th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, March 14th.
A number of other firms have also recently commented on CBI. Analysts at UBS AG raised their price target on shares of Chicago Bridge & Iron Company from $59.00 to $60.00 in a research note to investors on Thursday. They now have a buy rating on the stock. Separately, analysts at Stifel Nicolaus raised their price target on shares of Chicago Bridge & Iron Company from $53.00 to $65.00 in a research note to investors on Thursday. They now have a buy rating on the stock. Finally, analysts at Zacks reiterated a neutral rating on shares of Chicago Bridge & Iron Company in a research note to investors on Monday, February 18th. They now have a $57.00 price target on the stock.
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