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KBR

KBR

$24.96

-0.01 (-0.04%)

05:55
07/08/19
07/08
05:55
07/08/19
05:55

KBR secures seat on DLA $124M automated fuel systems installation contract

KBR announced it has been awarded a seat on a $124M indefinite-delivery, indefinite-quantity, or IDIQ, contract by the U.S. Defense Logistics Agency, or DLA, for automated fuel systems installation services. Under this multi-award contract, KBR will have the opportunity to bid on firm-fixed-price task orders to provide engineering and services for the procurement and installation of automated fuel systems and other fuel facility related systems and equipment. Specifically, the company will supply all personnel, equipment, materials, supervision, and other non-personnel services to design and install automated fuel handling equipment and associated systems. KBR's work will help standardize equipment and systems at DoD fuel facilities worldwide. The contract has one base year plus four option years.

KBR KBR
$24.96

-0.01 (-0.04%)

12/27/18
MKMP
12/27/18
NO CHANGE
Target $25
MKMP
Buy
KBR is 'top pick for 2019', says MKM Partners
MKM Partners analyst Daniel Scott kept his Buy rating and $25 price target on KBR, saying the stock is his "top pick for 2019". The analyst believes that the company is "closing in on its breakout earnings scenario" and also sees the valuation on the shares as "very compelling". Scott further states that KBR stock has traded down sharply recently in concert with declining crude oil prices, even though the management has decided to "pivot towards more government services and technology end markets and to reduce exposure to hydrocarbons" 3 years ago.
01/25/19
DBAB
01/25/19
DOWNGRADE
DBAB
Hold
KBR downgraded to Hold from Buy at Deutsche Bank
01/28/19
COWN
01/28/19
INITIATION
Target $20
COWN
Market Perform
KBR initiated with a Market Perform at Cowen
Cowen analyst Lucy Guo initiated KBR with a Market Perform and $20 price target.
05/06/19
KEYB
05/06/19
NO CHANGE
Target $30
KEYB
Overweight
KBR price target raised to $30 from $24 at KeyBanc
KeyBanc analyst Tahira Afzal raised his price target for KBR to $30 from $24 saying the company's Analyst Day exceeded his expectations in terms of EPS momentum, while leaving sufficient room for upside. The analyst reiterates an Overweight rating on the shares.

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SHIP

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