Fluor Corporation (NYSE:FLR) : Zacks Investment Research ranks Fluor Corporation (NYSE:FLR) as 5, which is a Strong Sell recommendation. 6 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. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 2.14, which indicates as a Buy.
Fluor Corporation (NYSE:FLR) : The consensus price target for Fluor Corporation (NYSE:FLR) is $53.67 for the short term with a standard deviation of $5.12. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $61, however, the pessimist price target for the company is $46.
For the current week, the company shares have a recommendation consensus of Buy. Also, Deutsche Bank assumes its rating on Fluor Corporation (NYSE:FLR). The global brokerage major announces a current price target of $56 per share. Analysts at the Deutsche Bank have a current rating of Hold on the shares. The rating by the firm was issued on April 6, 2016.
Fluor Corporation (NYSE:FLR): stock turned positive on Tuesday. Though the stock opened at $46.87, the bulls momentum made the stock top out at $47.31 level for the day. The stock recorded a low of $46.44 and closed the trading day at $46.93, in the green by 1.71%. The total traded volume for the day was 2,149,750. The stock had closed at $46.14 in the previous days trading.
In an insider trading activity, Mcwhinney Deborah D, director of Fluor Corp, had purchased 2,352 shares on August 26, 2015. The total value of the transaction was $99,960. The information was disclosed with the SEC 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.