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.
A number of analysts gave price targets for CBI. The highest price target was 45, which equates to a potential upside of 149.03 percent. The most pessimistic analyst gave a price target of 14, implying potential capital losses of -22.52 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -15.72 percent. The average change in earnings estimates over the last 90 days is -19.38 percent. Meanwhile, fiscal year estimates have been revised downwards by -21.92 percent, compared to last month. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 3 analysts decreased their estimates.
CBI has a 52-week high of 36.56 and a 52-week low of 12.91. The current market price is above the trailing year's low by 39.97 percent, and below the high by 50.57 percent. CBI has a P/E 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.