Deep Dive Into KBR Stock: Analyst Perspectives (4 Ratings)
Portfolio Pulse from Benzinga Insights
KBR (NYSE:KBR) received mixed analyst ratings with 3 bullish and 1 somewhat bullish out of 4 total ratings. Analysts adjusted their 12-month price targets, resulting in an average target of $67.75, up from $66.00. Actions included ratings and target adjustments by analysts from Stifel, UBS, Citigroup, and Keybanc. KBR's financial performance shows revenue growth but challenges in profitability, debt management, and returns. The company operates globally in engineering and construction with $6.6 billion revenue in 2022.
February 21, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
KBR received mixed analyst ratings, with an updated average price target of $67.75, indicating a positive outlook. Financial challenges include profitability and debt management.
The mixed analyst ratings with a majority leaning towards bullish, combined with an increased average price target, suggest a positive short-term outlook for KBR's stock. However, the financial challenges highlighted, such as below-average profitability and high debt levels, could temper gains. The overall positive sentiment from analysts, especially with recent target raises, indicates confidence in KBR's future performance, supporting a likely uptick in stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100