Analyst Rating Update on FLIR Systems (FLIR)

FLIR Systems (NASDAQ:FLIR) : Zacks Investment Research ranks FLIR Systems (NASDAQ:FLIR) as 4, which is a Sell recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 1.71, which indicates as a Buy.

FLIR Systems (NASDAQ:FLIR) : 5 Wall Street analysts covering FLIR Systems (NASDAQ:FLIR) believe that the average level the stock could reach for the short term is $36.8. The maximum price target given is $40 and the minimum target for short term is around $35, hence the standard deviation is calculated at $1.92.

For the current week, the company shares have a recommendation consensus of Buy.

FLIR Systems (NASDAQ:FLIR): stock turned positive on Tuesday. Though the stock opened at $29.26, the bulls momentum made the stock top out at $29.99 level for the day. The stock recorded a low of $29.09 and closed the trading day at $29.69, in the green by 2.10%. The total traded volume for the day was 959,457. The stock had closed at $29.08 in the previous days trading.

In an insider trading activity, Lewis Earl R, director of Flir Systems Inc, unloaded 52,288 shares at an average price of $30.99 on June 3, 2016. The total amount of the transaction was worth $1,620,405, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

FLIR Systems, Inc. (FLIR) designs, develops, markets and distributes thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems and advanced threat-detection solutions. The Companys operating segments include: Surveillance, Instruments, OEM and Emerging Markets, Maritime, Security and Detection. The Surveillance segment provides enhanced imaging and recognition solutions. The Instruments segments provide devices that image, measure and assess thermal energy, gases and related elements. The OEM and Emerging Markets segment provides thermal imaging camera cores and components. The Maritime segment develops and manufactures electronics and imaging instruments. The Security segment develops and manufactures cameras and video recording systems. The Detection segment offers sensors, instruments and integrated platform solutions for the detection, identification and suppression of chemical and other related threats.

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