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 most optimistic price target 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 made positive revisions to their quarterly estimates over the past month, while 3 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY 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. 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's next earnings release will be on 0000-00-00, which is days away.