FLIR Systems (FLIR) Receives Analyst Rating

FLIR Systems (FLIR) : 2 brokerage houses believe that FLIR Systems (FLIR) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on FLIR Systems (FLIR). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 6 Wall Street Analysts endorse the stock as a Buy with a rating of 2.

FLIR Systems (FLIR) : The highest short term price target forecast on FLIR Systems (FLIR) is $40 and the lowest target price is $36. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $37 with a standard deviation of $2.


Also, In a research note released to the investors, Raymond James downgrades its rating on FLIR Systems (NASDAQ:FLIR).The analysts at the brokerage house have a current rating of Outperform on the shares. Earlier, the shares were rated a Strong Buy by the brokerage firm. The rating by the firm was issued on July 25, 2016.

FLIR Systems (NASDAQ:FLIR): After opening at $30.32, the stock dipped to an intraday low of $30.32 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $30.98 and the buying power remained strong till the end. The stock closed at $30.96 for the day, a gain of 1.64% for the day session. The total traded volume was 779,586. The stocks close on the previous trading day was $30.46.

FLIR Systems, Inc. (FLIR) designs, develops, markets and distributes thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems and advanced threat-detection solutions. The Companys operating segments include: Surveillance, Instruments, OEM and Emerging Markets, Maritime, Security and Detection. The Surveillance segment provides enhanced imaging and recognition solutions. The Instruments segments provide devices that image, measure and assess thermal energy, gases and related elements. The OEM and Emerging Markets segment provides thermal imaging camera cores and components. The Maritime segment develops and manufactures electronics and imaging instruments. The Security segment develops and manufactures cameras and video recording systems. The Detection segment offers sensors, instruments and integrated platform solutions for the detection, identification and suppression of chemical and other related threats.

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