Drexel Hamilton analyst David Williams reiterated a Buy rating on KBR Inc (KBR) today and set a price target of $22. The company’s shares closed yesterday at $19.51.
According to TipRanks.com, Williams is a 4-star analyst with an average return of 6.7% and a 71.8% success rate. Williams covers the Consumer Goods sector, focusing on stocks such as General Dynamics Corp, Mercury Systems Inc, and Kratos Defense.
Currently, the analyst consensus on KBR Inc is a Moderate Buy with an average price target of $22.
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Based on KBR Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.33 billion and net profit of $43 million. In comparison, last year the company earned revenue of $937 million and had a net profit of $273 million.
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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.
