Fluor Corporation (FLR) Receives Price Target

Fluor Corporation (FLR) : 9 Wall Street analysts covering Fluor Corporation (FLR) believe that the average level the stock could reach for the short term is $55. The maximum price target given is $62 and the minimum target for short term is around $48, hence the standard deviation is calculated at $4.66.

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.


Also, MKM Partners initiates coverage on Fluor Corporation (NYSE:FLR) The brokerage firm has issued a Neutral rating on the shares. The rating by the firm was issued on June 29, 2016.

Fluor Corporation (NYSE:FLR): The stock opened at $51.90 on Thursday but the bulls could not build on the opening and the stock topped out at $52.43 for the day. The stock traded down to $50.99 during the day, due to lack of any buying support eventually closed down at $51.53 with a loss of -0.71% for the day. The stock had closed at $51.90 on the previous day. The total traded volume was 899,308 shares.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.