Fluor Corporation (FLR) : 6 brokerage houses believe that Fluor Corporation (FLR) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Fluor Corporation (FLR). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 12 Wall Street Analysts endorse the stock as a Buy with a rating of 2.
Fluor Corporation (FLR) : The highest level Fluor Corporation (FLR) is projected to reach is $62 for the short term and the lowest estimate is at $46. The consolidated price target from 11 rating analysts who initiate coverage on the stock is $54.73 and the possibility the share price can swing is $5.39.
Company shares have received an average consensus rating of Hold for the current week Fluor Corporation (NYSE:FLR): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $51.95 and $51.83 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $52.38. The buying momentum continued till the end and the stock did not give up its gains. It closed at $52.02, notching a gain of 0.31% for the day. The total traded volume was 993,724 . The stock had closed at $51.86 on the previous day.
In a related news, Mcwhinney Deborah D, director of Fluor Corp, executed a transaction worth $99,960 on August 26, 2015. A total of 2,352 shares were purchased at an average price of $42.5. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Fluor Corporation (Fluor) is a holding company. The Company is a professional services company. The Company provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, as well as project management services. It operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services and Power. Through its Oil & Gas segment, Fluor serves the oil and gas production, processing, and chemical and petrochemical industries. The Industrial & Infrastructure segment provides design, engineering, procurement, construction, operations and maintenance, and project management services. The Government segment is a provider of engineering, construction, logistics, and environmental and nuclear services, among others. The Global Services segment provides a range of solutions to support projects across Fluor groups. In the Power segment, it provides a range of services to the gas-fueled and solid-fueled markets, among others.