KBR (NYSE:KBR) had its price target hoisted by Citigroup from $22.00 to $23.00 in a report published on Tuesday. The firm currently has a neutral rating on the construction company’s stock.

KBR has been the subject of a number of other reports. Zacks Investment Research upgraded shares of KBR from a hold rating to a strong-buy rating and set a $22.00 price target for the company in a report on Wednesday, October 25th. Deutsche Bank upped their price target on shares of KBR from $18.00 to $20.00 and gave the company a buy rating in a report on Tuesday, October 24th. DA Davidson lowered shares of KBR from a buy rating to a neutral rating and set a $22.00 price target for the company. in a report on Wednesday, November 1st. ValuEngine upgraded shares of KBR from a hold rating to a buy rating in a report on Monday, November 6th. Finally, TheStreet upgraded shares of KBR from a c rating to a b- rating in a report on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the stock. KBR has an average rating of Buy and a consensus target price of $21.43.

Shares of KBR (KBR) opened at $17.20 on Tuesday. KBR has a 1-year low of $13.36 and a 1-year high of $21.69. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.59. The company has a market cap of $2,594.27, a price-to-earnings ratio of 31.93, a P/E/G ratio of 1.54 and a beta of 1.03.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 13th. Shareholders of record on Thursday, March 15th will be issued a $0.08 dividend. The ex-dividend date is Wednesday, March 14th. This represents a $0.32 annualized dividend and a yield of 1.86%. KBR’s dividend payout ratio (DPR) is presently 62.75%.

Hedge funds and other institutional investors have recently modified their holdings of the business. GSA Capital Partners LLP bought a new position in KBR in the 2nd quarter worth $162,000. Vanguard Group Inc. raised its holdings in KBR by 2.9% in the 2nd quarter. Vanguard Group Inc. now owns 11,856,863 shares of the construction company’s stock worth $180,461,000 after purchasing an additional 334,896 shares in the last quarter. Engine Capital Management LLC raised its holdings in KBR by 195.2% in the 3rd quarter. Engine Capital Management LLC now owns 1,149,672 shares of the construction company’s stock worth $20,556,000 after purchasing an additional 760,184 shares in the last quarter. Peregrine Capital Management LLC raised its holdings in KBR by 2.1% in the 3rd quarter. Peregrine Capital Management LLC now owns 452,945 shares of the construction company’s stock worth $8,099,000 after purchasing an additional 9,174 shares in the last quarter. Finally, Cubist Systematic Strategies LLC bought a new position in KBR in the 3rd quarter worth $699,000.

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About KBR

KBR, Inc is a provider of professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries. The Company operates through business segments, including Technology & Consulting (T&C), Engineering & Construction (E&C), Government Services (GS), Non-strategic Business and Other.

Analyst Recommendations for KBR (NYSE:KBR)

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