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.
CBI was given price targets by several analysts. The maximum price target given was 45, which equates to a potential upside of 149.03 percent. The lowest price target was 14, implying potential capital losses of -22.52 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates downwards for this quarter, by about -15.72 percent on average, compared to last month. That number becomes -19.38 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -21.92 percent. If we look at the last 90 days instead, we find a net average change of -35.19 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 3 analysts that revised their FY estimates downwards.
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 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.