A Look At KBR (KBR) Valuation After Sector Optimism On Reported U.S. Iran Peace Progress

Progress toward a potential U.S. Iran peace agreement has lifted sentiment across defense and commercial aerospace stocks, and KBR (KBR) has been part of that move, with shares recently gaining about 4.5%. See our latest analysis for KBR. Even after the recent 4.5% move, the stock is trading at US$33.46 and short term momentum has shifted only modestly. The 7 day share price return of 5.05% is set against a year to …