Zacks Investment Research downgraded Fluor Corporation (NEW) (NYSE:FLR) to Sell in a report released today.
- Updated: October 5, 2016
Just yesterday Fluor Corporation (NEW) (NYSE:FLR) traded 1.77% higher at $51.11. Fluor Corporation (NEW)’s 50-day moving average is $50.94 and its 200-day moving average is $51.93. The last stock price is down -1.33% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 408,711 shares of the stock were exchanged, down from an average trading volume of 999,168
Zacks Investment Research has downgraded Fluor Corporation (NEW) (NYSE:FLR) to Sell in a report released on 10/5/2016.
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Fluor Corporation (NEW) has a 52 week low of $39.48 and a one year high of $55.69 with a price-earnings ratio of 22.41 FLR’s total market value is presently $0.
A total of 18 equity analysts have released a ratings update on FLR. Three equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, ten equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $54.28.
Brief Synopsis About Fluor Corporation (NEW) (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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