Analyst Revises Chicago Bridge & Iron Company N.V. (NYSE:CBI) Stock Target


Chicago Bridge & Iron Company N.V. (NYSE:CBI) mean price target has been set at $47.5400 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $1.3600 in the near-term quarter and $4.9600 for the ongoing fiscal. The market cap of Chicago Bridge & Iron Company N was recorded at $3.82B after the stock closed at $36.3301 in last trading day. What The Valuation Says? The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Chicago Bridge & Iron Company N.V. (NYSE:CBI) has a P/E ratio of N/A. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. Chicago Bridge & Iron Company N.V. (NYSE:CBI) PEG ratio sits at 3.9700. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks. Technical Perspective The technical analysis of Chicago Bridge & Iron Company N visibly illustrates that the 50-day MA of Chicago Bridge & Iron Company N is $36.4150, and stock is trading -0.0849 or -0.2331% distant from $36.4150. The 200-day MA is $36.5142, and this price is $-0.1841 or -0.5042% off from current level. Chicago Bridge & Iron Company N.V. (NYSE:CBI) 52-week high is $53.7300 and the 52-week low is $31.3000. This represents that if the stock moves $-17.3999 points up on the chart to make a 52-week high. But, if it declines $+16.0706%, then the shares price can hit a new 52-week low.

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