Chicago Bridge & Iron Company NV (NYSE:CBI) had its target price lowered by Credit Suisse from $60.00 to $59.00 in a research note released on Thursday morning, Analyst Ratings Network reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at UBS AG raised their EPS on shares of Chicago Bridge & Iron Company NV in a research note to investors on Wednesday, July 31st. They now have a $70.00 price target on the stock. Finally, analysts at Zacks upgraded shares of Chicago Bridge & Iron Company NV from a neutral rating to an outperform rating in a research note to investors on Friday, July 12th. They now have a $74.00 price target on the stock.
One investment analyst has rated the stock with a sell rating, one has given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of Buy and a consensus target price of $69.00.
Shares of Chicago Bridge & Iron Company NV (NYSE:CBI) traded up 0.43% during mid-day trading on Thursday, hitting $60.10. Chicago Bridge & Iron Company NV has a one year low of $35.57 and a one year high of $64.91. The stock’s 50-day moving average is currently $60.43. The company has a market cap of $6.434 billion and a P/E ratio of 19.72.
Chicago Bridge & Iron Company N.V. (NYSE:CBI) is one of the integrated engineering, procurement and construction (EPC) services providers and process technology licensors, delivering solutions to customers primarily in the energy, petrochemical and natural resource industries.
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