Bank of America analyst Mariana Perez Mora has revised the price target for KBR (KBR, Financial), reducing it from $80 to $70, while maintaining a Buy rating on the stock. This adjustment comes as part of a broader update in the firm's defense services coverage. The revised price objectives reflect current market de-rating and the prevailing investor sentiment towards defense service stocks, influenced by potential headline risks.
Despite these challenges, the analyst expresses confidence in the sector, suggesting that the recent downturn since the new administration took office may have been exaggerated. The analysis indicates that market participants might not be fully recognizing the underlying value in the defense services sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for KBR Inc (KBR, Financial) is $68.63 with a high estimate of $80.00 and a low estimate of $55.00. The average target implies an upside of 36.43% from the current price of $50.30. More detailed estimate data can be found on the KBR Inc (KBR) Forecast page.
Based on the consensus recommendation from 8 brokerage firms, KBR Inc's (KBR, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for KBR Inc (KBR, Financial) in one year is $78.27, suggesting a upside of 55.61% from the current price of $50.3. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the KBR Inc (KBR) Summary page.
