Citi Comments On Chicago Bridge & Iron Senior Management Meetings

According to Citi, Chicago Bridge & Iron CBI exposure to energy is compelling. Citi said that it spent some time on the road in Europe in meetings with the senior management team of CBI. “Overall, investors were pleased with CBI's operational performance over the last several quarters (i.e. strong execution, four consecutive quarters of increasing operating margins, and solid new awards figures).” Chicago Bridge & Iron closed yesterday at $33.81.