Barclays Capital boosted their price target on shares of Chicago Bridge & Iron Company (NYSE: CBI)
Several other analysts have also recently commented on the stock. Analysts at Sterne Agee reiterated a ?buy? rating on shares of Chicago Bridge & Iron Company in a research note to investors on Wednesday, December 26th. They now have a $56.00 price target on the stock. Separately, analysts at Citigroup reiterated a ?buy? rating on shares of Chicago Bridge & Iron Company in a research note to investors on Friday, December 21st. They now have a $57.00 price target on the stock, up previously from $51.00. Finally, analysts at Lazard Capital Markets upgraded shares of Chicago Bridge & Iron Company from a ?neutral? rating to a ?buy? rating in a research note to investors on Tuesday, December 11th. They now have a $49.00 price target on the stock. Shares of Chicago Bridge & Iron Company traded up 0.46% during mid-day trading on Wednesday, hitting $50.00. Chicago Bridge & Iron Company has a one year low of $32.48 and a one year high of $49.98. The stock?s 50-day moving average is currently $45.10. The company has a market cap of $4.840 billion and a P/E ratio of 17.34.
Chicago Bridge and Iron Company NV (CB&I) is a Netherlands-based integrated engineering, procurement and construction (EPC) services provider and process technology licensor, delivering solutions to customers primarily in the energy and natural resources industries.