Analyst Rating Update on Fluor Corporation (FLR)

Fluor Corporation (FLR) : 10 analysts are covering Fluor Corporation (FLR) and their average rating on the stock is 2, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Fluor Corporation (FLR) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Fluor Corporation (FLR) : 11 investment research analysts covering Fluor Corporation (FLR) have an average price target of $54.18 for the near short term. The highest target price given by the Brokerage Firm to the stock is $61 and the lowest target is $46 for the short term. Analysts expect the variance to be within $5.44 of the average price.

Company shares have received an average consensus rating of Hold for the current week


Fluor Corporation (NYSE:FLR): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $52.75 and $52.35 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $52.99. The buying momentum continued till the end and the stock did not give up its gains. It closed at $52.89, notching a gain of 0.09% for the day. The total traded volume was 777,902 . The stock had closed at $52.84 on the previous day.

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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