News stories about Chicago Bridge & Iron (NYSE:CBI) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Chicago Bridge & Iron earned a news impact score of 0.09 on Accern’s scale. Accern also gave media coverage about the construction company an impact score of 47.3117886651896 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
A number of equities research analysts have recently commented on the stock. ValuEngine raised shares of Chicago Bridge & Iron from a “sell” rating to a “hold” rating in a research note on Friday, April 27th. Citigroup reduced their price objective on shares of Chicago Bridge & Iron from $17.00 to $16.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 24th. Finally, Robert W. Baird reaffirmed a “hold” rating and issued a $14.00 price objective on shares of Chicago Bridge & Iron in a research note on Monday, April 23rd. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the company. Chicago Bridge & Iron has a consensus rating of “Hold” and a consensus price target of $17.15.
Shares of Chicago Bridge & Iron stock remained flat at $$16.39 during trading on Friday. Chicago Bridge & Iron has a 1-year low of $9.55 and a 1-year high of $25.49. The company has a market cap of $1.65 billion, a P/E ratio of -8.81, a P/E/G ratio of 1.06 and a beta of 2.46.
About Chicago Bridge & Iron
Chicago Bridge & Iron Company N.V. provides services to customers in energy infrastructure market. The Company provides services, such as conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management and environmental services.
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