Brokerage Firm Rating Update on Fluor Corporation (FLR)

Fluor Corporation (FLR) has an average broker rating of 2.09, which is interpreted as a Buy, as rated by 11 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 considers that the stock is a Sell.

Fluor Corporation (FLR) : The consensus price target for Fluor Corporation (FLR) is $55 for the short term with a standard deviation of $4.66. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $62, however, the pessimist price target for the company is $48.


Company shares have received an average consensus rating of Hold for the current week Also, MKM Partners initiates coverage on Fluor Corporation (NYSE:FLR).The analysts at the brokerage house have a current rating of Neutral on the shares. The rating by the firm was issued on June 29, 2016.

Fluor Corporation (NYSE:FLR): The stock opened at $51.17 and touched an intraday high of $51.8338 on Wednesday. During the day, the stock corrected to an intraday low of $51.085, however, the bulls stepped in and pushed the price higher to close in the green at $51.58 with a gain of 0.68% for the day. The total traded volume for the day was 791,462. The stock had closed at $51.23 in the previous trading session.

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.

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