KBR Inc Receives a Buy from KeyBanc

By Jason Carr

In a report released yesterday, Tahira Afzal from KeyBanc reiterated a Buy rating on KBR Inc (NYSE: KBR), with a price target of $20. The company’s shares closed yesterday at $15.20.

According to TipRanks.com, Afzal is a 2-star analyst with an average return of 0.7% and a 45.8% success rate. Afzal covers the Basic Materials sector, focusing on stocks such as Mcdermott International, Matrix Service Company, and Primoris Services Corp.

KBR Inc has an analyst consensus of Moderate Buy, with a price target consensus of $20.

The company has a one year high of $17.95 and a one year low of $13.16. Currently, KBR Inc has an average volume of 2.17M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

KBR, Inc. offers a portfolio of proprietary technology and consulting services, which includes engineering, construction, procurement and asset maintenance services, base operational, logistics, life support and asset management services. It operates through the following segments: Technology & Consulting, Government Services, and Engineering & Construction. The Technology and Consulting segment provides licensed technologies and consulting services to the oil and gas value chain from wellhead to crude refining and through to specialty chemicals production. The Engineering and Construction segment provides engineering, procurement, construction, commissioning and maintenance services for oil and gas, refining, petrochemicals and chemicals customers. The Government Services segment focuses on long term service contracts with annuity streams particularly for the United Kingdom, Australian and United States government. The company was founded on March 21, 2006 and is headquartered in Houston, TX.