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Flowserve Corp (NYSE:FLS) has been downgraded to Sell in a statement by BidaskClub earlier today.

Having a price of $44.04, Flowserve Corp (NYSE:FLS) traded 1.14% higher on the day. With the last close down -10.46% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the same period. Flowserve Corp has recorded a 50-day average of $40.18 and a two hundred day average of $45.69. Volume of trade was up over the average, with 1,476,258 shares of FLS changing hands over the typical 1,378,120

BidaskClub has downgraded Flowserve Corp (NYSE:FLS) to Sell in a statement released on Wednesday June 21, 2017.

Performance Chart

Flowserve Corp (NYSE:FLS)

With a total market value of $0, Flowserve Corp has price-earnings ratio of 51.14 with a one year low of $37.51 and a one year high of $52.10 .

A total of 16 analysts have released a research note on Flowserve Corp. Two analysts rating the company a strong buy, one analyst rating the company a buy, fifteen analysts rating the company a hold, three analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $46.06.

More About Flowserve Corp (NYSE:FLS)

Flowserve Corporation is a manufacturer and aftermarket service provider of flow control systems. The Company's segments include Engineered Product Division, Industrial Product Division and Flow Control Division. Its geographic segments include North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. It develops and manufactures precision-engineered flow control equipment integral to the movement, control and protection of the flow of materials in its customer's critical processes. Its product portfolio of pumps, valves, seals, automation and aftermarket services supports infrastructure industries, including oil and gas, chemical, power generation and water management. It offers aftermarket equipment services, such as installation, diagnostics, repair and retrofitting through manufacturing platform and network of Quick Response Centers. Its products include oil and gas, general industries, chemical, power generation and water management.

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