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KBR

KBR

$20.59

0.39 (1.93%)

17:32
01/15/18
01/15
17:32
01/15/18
17:32

KBR assures no disruptions on U.K. defense project

KBR announced that it expects no disruption to its project being executed through a joint venture with Carillion as a result of Carillion's announced liquidation earlier today. KBR operates a stand-alone Joint Venture with Carillion on Project Allenby Connaught through its Aspire Defence entities, providing high quality design, construction and maintenance services to the British Army for living and working accommodation. The Joint Venture has been successfully performing services for the Ministry of Defence since 2006 and the management and workforce are mature and stable. The company said it has been undergoing contingency planning for the last three months and is well placed to continue operating this contract. Further, it does not expect any disruption to the delivery of services, the performance of the contract or the cash-flow from the contract because of Carillion's liquidation.

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KBR KBR
$20.59

0.39 (1.93%)

11/01/17
DADA
11/01/17
DOWNGRADE
Target $22
DADA
Neutral
KBR downgraded to Neutral from Buy at DA Davidson
DA Davidson analyst Brent Thielman downgraded KBR Inc to Neutral from Buy but raised his price target to $22 from $20. Thielman says KBR shares are now at year-to-date high, adding that while the government services work awards provides some 2018 visibility, the Engineering & Construction segment target is contingent on the company winning more small to mid-size projects between now and first half of 2018. The analyst also notes some "noise" from ongoing litigation activity, concluding that shares are now valued more fairly given less certainty around the near-term upside catalysts.
05/01/17
VERT
05/01/17
UPGRADE
VERT
Buy
KBR upgraded to Buy from Hold at Vertical Research

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WYN

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ABMD

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PCG

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INO

Inovio

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RCII

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AKER

Akers Biosciences

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0.0086 (1.48%)

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DHCP

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GPS

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-4.82 (-14.62%)

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16:30
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Options
Preliminary option volume of 16.4M today »

Preliminary option volume…

VTL

Vital Therapies

$5.65

-0.475 (-7.76%)

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