A statement released earlier today by Seaport Global about Fluor Corporation (NYSE:FLR) bumps down the target price to $50.00
- Updated: October 14, 2016
Boasting a price of $49.83, Fluor Corporation (NYSE:FLR) traded -0.60% lower on the day. With the last close down -3.43% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Fluor Corporation has recorded a 50-day average of $50.60 and a two hundred day average of $51.80. Volume of trade was down over the average, with 234,247 shares of FLR changing hands under the typical 1,018,590
Seaport Global bumped down the target of Fluor Corporation (NYSE:FLR) to $50.00 stating a potential upside of 0.00%.
With a total market value of $0, Fluor Corporation has price-earnings ratio of 21.88 with a one year low of $39.48 and a one year high of $55.69 .
A total of 18 analysts have released a research note on FLR. Three analysts rating the company a strong buy, seven analysts rating the company a buy, ten analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $54.28.
More About Fluor Corporation (NYSE:FLR)
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.
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