The Latest Analyst Ratings For KBR
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for KBR (NYSE:KBR) with a majority being bullish. The average 12-month price target for KBR is now $76.1, up 7.85% from the previous $70.56. Recent actions by analysts include raises in price targets and ratings, reflecting a positive outlook on the company's performance. KBR's financials show a market capitalization above industry average, a revenue growth rate of 7.59%, but lagging ROE and ROA compared to industry averages.
May 01, 2024 | 9:01 pm
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POSITIVE IMPACT
Analysts have a bullish outlook on KBR, with a significant majority raising their price targets and maintaining buy ratings. The average 12-month price target has been increased to $76.1, indicating a positive sentiment towards the company's future performance.
The positive adjustments in price targets and ratings by analysts suggest a strong belief in KBR's potential for growth and profitability. The increase in the average price target reflects an optimistic view of the company's future, likely to influence investor sentiment positively in the short term. However, the noted challenges in ROE and ROA, along with debt management concerns, introduce a note of caution.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100