Fluor Corporation (FLR) : 5 brokerage houses believe that Fluor Corporation (FLR) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Fluor Corporation (FLR). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 11 Wall Street Analysts endorse the stock as a Buy with a rating of 2.09.
Fluor Corporation (FLR) : 9 investment research analysts covering Fluor Corporation (FLR) have an average price target of $55 for the near short term. The highest target price given by the Brokerage Firm to the stock is $62 and the lowest target is $48 for the short term. Analysts expect the variance to be within $4.66 of the average price.
Also, MKM Partners initiates coverage on Fluor Corporation (NYSE:FLR). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on June 29, 2016.
Fluor Corporation (NYSE:FLR): After opening at $49.05, the stock dipped to an intraday low of $48.9 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $49.59 and the buying power remained strong till the end. The stock closed at $49.33 for the day, a gain of 0.67% for the day session. The total traded volume was 811,285. The stocks close on the previous trading day was $49.
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.