Analysts fell to the sidelines weighing in on KBR Inc (KBR) and Diamond Offshore Drilling (DO) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
KBR Inc (KBR)
In a report released yesterday, Jamie Cook from Credit Suisse maintained a Hold rating on KBR Inc, with a price target of $20. The company’s shares closed yesterday at $17.52.
According to TipRanks.com, Cook is a 4-star analyst with an average return of 5.5% and a 55.4% success rate. Cook covers the Basic Materials sector, focusing on stocks such as Aecom Technology Corp, Jacobs Engineering, and Fluor Corp.
KBR Inc has an analyst consensus of Moderate Buy, with a price target consensus of $21.80, representing a 24.4% upside. In a report issued on January 28, Cowen & Co. also initiated coverage with a Hold rating on the stock with a $20 price target.
See today’s analyst top recommended stocks >>
Diamond Offshore Drilling (DO)
In a report released yesterday, James Wicklund from Credit Suisse maintained a Hold rating on Diamond Offshore Drilling, with a price target of $9. The company’s shares closed yesterday at $9.25, close to its 52-week low of $8.78.
According to TipRanks.com, Wicklund is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -11.0% and a 31.9% success rate. Wicklund covers the Basic Materials sector, focusing on stocks such as Solaris Oilfield Infrastructure Inc, Ncs Multistage Holdings Inc, and Select Energy Services Inc.
Currently, the analyst consensus on Diamond Offshore Drilling is a Moderate Buy with an average price target of $15.67.
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.
