Fluor Corporation (FLR) : 14 analysts are covering Fluor Corporation (FLR) and their average rating on the stock is 2.14, which is read as a Buy. 6 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 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Fluor Corporation (FLR) : Currently there are 12 street experts covering Fluor Corporation (FLR) stock. The most bullish and bearish price target for the stock is $61 and $46 respectively for the short term. The average price target of all the analysts comes to $53.67. The estimated standard deviation from the target is $5.12.
Company shares have received an average consensus rating of Hold for the current week
Fluor Corporation (NYSE:FLR): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $52.62 and $52.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $53.25. The buying momentum continued till the end and the stock did not give up its gains. It closed at $53.19, notching a gain of 2.21% for the day. The total traded volume was 1,191,767 . The stock had closed at $52.04 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.