Zacks Rating on Fluor Corporation (FLR)

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) : The highest level Fluor Corporation (FLR) is projected to reach is $62 for the short term and the lowest estimate is at $48. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $55 and the possibility the share price can swing is $4.66.


Shares of Fluor Corporation rose by 3.17% in the last five trading days and 1.08% for the last 4 weeks. Fluor Corporation is up 4.87% in the last 3-month period. Year-to-Date the stock performance stands at 13.84%. Fluor Corporation (NYSE:FLR): stock turned positive on Tuesday. Though the stock opened at $52.8, the bulls momentum made the stock top out at $53.52 level for the day. The stock recorded a low of $52.7 and closed the trading day at $53.3, in the green by 1.78%. The total traded volume for the day was 953,489. The stock had closed at $52.37 in the previous days trading.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *