KBR, Inc. (NYSE:KBR) is considered a ridiculously cheap stock to buy now, with a median price target of $53.50 and an upside potential of 33.02%. Analysts are mostly bullish on the stock, with 64% giving it a ‘Buy’ rating. Ian Zaffino of Oppenheimer initiated coverage with an ‘Outperform’ rating and a $60 price target.

Despite a 30% YTD decline, Zaffino sees KBR as an interesting, value-based investment opportunity with a spinout of the government services business scheduled for mid-to-late 2026. Truist recently reduced the price target to $50 from $62 while maintaining a ‘Buy’ rating, citing adjustments following project pauses.

Founded in 1901, KBR, Inc. (NYSE:KBR) is a Texas-based provider of scientific, technology, and engineering solutions to government institutions and commercial clients. The company operates through two segments: Government Solutions and Sustainable Technology Solutions.

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Read more at Yahoo Finance: Oppenheimer Calls KBR, Inc. (KBR) an “Interesting Value-Based Investment Opportunity”