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, implying a possible profit of 149.03 percent. The most pessimistic analyst gave a price target of 14, which equates to a potential downside of -22.52 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 3 analysts that revised their FY estimates downwards.
In the trailing 52-weeks, CBI hit 36.56 at the highest peak, while it's lowest trading point was 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 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 market cap of CBI is $1.83 billion. CBI's next earnings release will be on 0000-00-00, which is days away.