Research analysts at Credit Suisse set a $58.00 target price on shares of Chicago Bridge & Iron Company (NYSE: CBI) stock in a report released on Friday. The firm currently has a a “neutral” rating on the stock.

Shares of Chicago Bridge & Iron Company traded up 1.14% during mid-day trading on Friday, hitting $54.20. 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 $51.35. The company has a market cap of $5.229 billion and a P/E ratio of 17.46.

Chicago Bridge & Iron Company last released its earnings data on Wednesday, February 27th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.08. The company had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter last year, the company posted $0.70 earnings per share. Chicago Bridge & Iron Company’s revenue was up 22.5% compared to the same quarter last year. On average, analysts predict that Chicago Bridge & Iron Company will post $4.02 earnings per share for the current fiscal year.

CBI has been the subject of a number of other recent research reports. Analysts at Lazard Capital Markets raised their price target on shares of Chicago Bridge & Iron Company from $57.00 to $64.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, analysts at Barclays Capital raised their price target on shares of Chicago Bridge & Iron Company from $62.00 to $63.00 in a research note to investors on Thursday. They now have an “overweight” rating on the stock. Finally, 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.

The company also recently declared a special dividend, which is scheduled for Thursday, March 28th. Stockholders 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.

Chicago Bridge and 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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