Analyst Ratings for Chicago Bridge & Iron Co. N.V. (CBI)Updated: 2017-07-26
Analysts covering Chicago Bridge & Iron Co. N.V. (NYSE:CBI) have given it a consensus rating of Overweight. CBI had previously received a consensus rating of Overweight a month ago.
A buy rating was issued by 8 analysts, 1 issued an overweight rating, 8 gave a hold rating, 1 gave an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 2. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for CBI by the analysts covering the stock. The maximum price target given was 45, which equates to a potential upside of 149.03 percent. The most pessimistic price target was 14, implying a possible loss of -22.52 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -15.72 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -19.38 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -21.92 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -35.19 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 3 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 3 analysts decreased their estimates.
CBI has a 52-week high of 36.56 and a 52-week low of 12.91. Currently the stock is 39.97 percent higher than its low, and 50.57 percent below the high. CBI has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The CBI value stock report compares CBI to some of its peers using value stock charts. The stock has a market capitalization of $1.83 billion. CBI will post this quarters earnings in days, on 0000-00-00.