TechnipFMC (US:FTI) stock price target raised to $40.00, issued a report today by Seaport Global Securities
- Updated: April 20, 2017
Having a price of $32.04, TechnipFMC (US:FTI) traded 1.26% higher on the day. With the last stock price down -2.74% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. FTI has recorded a 50-day average of $32.31 and a two hundred day average of $33.36. Trade Volume was down over the average, with 895,883 shares of FTI changing hands under the typical 4,089,020
TechnipFMC (US:FTI) had its target price raised to $40.00 by Seaport Global Securities in an issued report issued 04/20/2017. The upped price target implies a potential upside of 0.25% from the company's previous stock price.
Recent Performance Chart
TechnipFMC has PE ratio of 13.01 with a one year low of $30.61 and a one year high of $36.14 and has a market capitalization of $0.
A total of 28 brokerages have issued a ratings update on TechnipFMC. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $32.71.
General Company Details For TechnipFMC (US: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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