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FMC Technologies (NYSE:FTI) has been downgraded from Buy to Neutral in a report by Goldman Sachs today.

Only yesterday FMC Technologies (NYSE:FTI) traded 5.64% higher at $28.49. FTI’s 50-day average is $26.68 and its two hundred day average is $28.20. With the last close up -5.75% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time period. 8,261,203 shares of FTI traded hands, up from an average trading volume of 3,025,950

Goldman Sachs has downgraded FMC Technologies (NYSE:FTI) from Buy to Neutral in a report released on 11/13/2017.

Previously on 10/20/2017, Gabelli reported about FMC Technologies (NYSE:FTI) raised the target price from $0.00 to $39.00. At the time, this indicated a possible upside of 0.56%.

Recent Performance Chart

FMC Technologies (NYSE:FTI)

FMC Technologies has 52 week low of $24.53 and a 52 week high of $37.09 with a P/E ratio of 32.14 and has a market cap of $0.

A total of 28 analysts have released a report on FMC Technologies. zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $32.71.

General Company Details For FMC Technologies (NYSE:FTI)

TechnipFMC plc provides technologies, systems, and services for oil and gas projects worldwide. It operates in three segments: Subsea, Onshore/Offshore, and Surface Projects. The Subsea segment offers products, such as trees, manifolds, controls, templates, flowline systems, umbilicals, and flexibles, as well as subsea processing products. This segment also provides subsea services, including drilling, installation, completion, and field services, as well as asset management, well intervention and IMR, ROVs, and manipulator system services; and services for subsea projects comprising front end to decommissioning, field architecture, integrated design, engineering, procurement, construction, and installation services. The Onshore/Offshore segment offers technical, technological, and project management services across fixed, floating, and onshore facilities, as well as offshore services. The Surface Projects segment provides drilling, completion, and production wellhead equipment, as well as chokes, compact valves, manifolds, and controls; treating iron, manifolds, and reciprocating pumps for stimulation and cementing; separation and flow-treatment systems; flow metering products and systems; marine, truck, and railcar loading systems; installation maintenance services; frac-stack, manifold rental, and operation services; and flowback and well testing services. The company is headquartered in London, the United Kingdom.

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