Chicago Bridge (NYSE:CBI) Rating Reaffirmed by Analysts at KeyBanc Today

January 23, 2018 - By Linda Rogers

 Chicago Bridge (NYSE:CBI) Rating Reaffirmed by Analysts at KeyBanc Today

Investors sentiment decreased to 0.72 in 2017 Q3. Its down 0.18, from 0.9 in 2017Q2. It is negative, as 71 investors sold Chicago Bridge & Iron Company N.V. shares while 83 reduced holdings. 49 funds opened positions while 62 raised stakes. 66.18 million shares or 0.62% less from 66.59 million shares in 2017Q2 were reported.

Clearbridge Invests Llc reported 0% of its portfolio in Chicago Bridge & Iron Company N.V. (NYSE:CBI). Luminus Ltd Liability Corporation invested in 195,351 shares or 0.09% of the stock. Barnett & Company invested 1.13% in Chicago Bridge & Iron Company N.V. (NYSE:CBI). 324,828 are owned by California Public Employees Retirement. Hikari Power owns 93,000 shares. Pnc Finance Svcs Group Incorporated Inc holds 32,182 shares. Sii Invests Wi owns 42,611 shares or 0.04% of their US portfolio. Cubist Systematic Strategies Lc reported 37,104 shares. Commonwealth Equity reported 87,692 shares. Germany-based Dekabank Deutsche Girozentrale has invested 0.02% in Chicago Bridge & Iron Company N.V. (NYSE:CBI). Lingohr Partner Asset Mgmt Gmbh holds 42,537 shares or 0.35% of its portfolio. Advsrs Asset Mgmt Incorporated accumulated 832 shares. 16,000 were accumulated by Cohen Klingenstein Limited Company. Barclays Public Ltd accumulated 0% or 230,108 shares. Da Davidson And Com reported 0.02% in Chicago Bridge & Iron Company N.V. (NYSE:CBI).

Since September 20, 2017, it had 0 insider purchases, and 3 selling transactions for $363,000 activity.

Chicago Bridge (NYSE:CBI) Rating Reaffirmed

This Morning, Tuesday morning, Chicago Bridge (NYSE:CBI)‘s Hold rating was kept at KeyBanc in a report.

Investors sentiment decreased to 0.72 in 2017 Q3. Its down 0.18, from 0.9 in 2017Q2. It is negative, as 71 investors sold Chicago Bridge & Iron Company N.V. shares while 83 reduced holdings. 49 funds opened positions while 62 raised stakes. 66.18 million shares or 0.62% less from 66.59 million shares in 2017Q2 were reported.

Clearbridge Invests Llc reported 0% of its portfolio in Chicago Bridge & Iron Company N.V. (NYSE:CBI). Luminus Ltd Liability Corporation invested in 195,351 shares or 0.09% of the stock. Barnett & Company invested 1.13% in Chicago Bridge & Iron Company N.V. (NYSE:CBI). 324,828 are owned by California Public Employees Retirement. Hikari Power owns 93,000 shares. Pnc Finance Svcs Group Incorporated Inc holds 32,182 shares. Sii Invests Wi owns 42,611 shares or 0.04% of their US portfolio. Cubist Systematic Strategies Lc reported 37,104 shares. Commonwealth Equity reported 87,692 shares. Germany-based Dekabank Deutsche Girozentrale has invested 0.02% in Chicago Bridge & Iron Company N.V. (NYSE:CBI). Lingohr Partner Asset Mgmt Gmbh holds 42,537 shares or 0.35% of its portfolio. Advsrs Asset Mgmt Incorporated accumulated 832 shares. 16,000 were accumulated by Cohen Klingenstein Limited Company. Barclays Public Ltd accumulated 0% or 230,108 shares. Da Davidson And Com reported 0.02% in Chicago Bridge & Iron Company N.V. (NYSE:CBI).

Since September 20, 2017, it had 0 insider purchases, and 3 selling transactions for $363,000 activity.

Chicago Bridge & Iron Company N.V. (NYSE:CBI) Ratings Coverage

Among 17 analysts covering Chicago Bridge & Iron Company (NYSE:CBI), 6 have Buy rating, 1 Sell and 10 Hold. Therefore 35% are positive. Chicago Bridge & Iron Company has $60 highest and $10.0 lowest target. $31.49’s average target is 65.56% above currents $19.02 stock price. Chicago Bridge & Iron Company had 49 analyst reports since August 14, 2015 according to SRatingsIntel. The stock has “Hold” rating by Zacks on Wednesday, August 26. Robert W. Baird maintained the stock with “Hold” rating in Wednesday, January 3 report. Johnson Rice upgraded the stock to “Buy” rating in Monday, May 16 report. Credit Suisse upgraded the stock to “Outperform” rating in Wednesday, October 28 report. Johnson Rice downgraded Chicago Bridge & Iron Company N.V. (NYSE:CBI) on Wednesday, September 21 to “Hold” rating. The firm earned “Buy” rating on Friday, August 21 by Zacks. Credit Suisse maintained it with “Neutral” rating and $13 target in Friday, August 11 report. The stock of Chicago Bridge & Iron Company N.V. (NYSE:CBI) has “Hold” rating given on Tuesday, September 19 by KeyBanc Capital Markets. The stock of Chicago Bridge & Iron Company N.V. (NYSE:CBI) has “Buy” rating given on Friday, August 14 by Zacks. The stock has “Buy” rating by Citigroup on Friday, November 13.

The stock decreased 1.35% or $0.26 during the last trading session, reaching $19.02. About 1.41 million shares traded. Chicago Bridge & Iron Company N.V. (NYSE:CBI) has declined 42.76% since January 23, 2017 and is downtrending. It has underperformed by 59.46% the S&P500.

Analysts await Chicago Bridge & Iron Company N.V. (NYSE:CBI) to report earnings on February, 27. They expect $0.47 earnings per share, down 44.71 % or $0.38 from last year’s $0.85 per share. CBI’s profit will be $47.67 million for 10.12 P/E if the $0.47 EPS becomes a reality. After $0.34 actual earnings per share reported by Chicago Bridge & Iron Company N.V. for the previous quarter, Wall Street now forecasts 38.24 % EPS growth.

Chicago Bridge & Iron Company N.V. provides conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management, and environmental services worldwide. The company has market cap of $1.93 billion. It operates in four divisions: Engineering & Construction, Fabrication Services, Technology, and Capital Services. It currently has negative earnings. The Engineering & Construction segment provides engineering, procurement, and construction services for energy infrastructure facilities, such as upstream and downstream process facilities for the gas and oil industry, as well as liquefied natural gas liquefaction and regasification terminals, and fossil electric generating plants for the power generation industry.

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