In a report released yesterday, Charles Brady from SunTrust Robinson reiterated a Hold rating on Flowserve Corp (NYSE: FLS), with a price target of $46. The company’s shares closed yesterday at $48.87.
According to TipRanks.com, Brady is a 4-star analyst with an average return of 13.9% and a 66.3% success rate. Brady covers the Industrial Goods sector, focusing on stocks such as Thermon Group Holdings Inc, Carlisle Companies Inc, and Sun Hydraulics Corp.
The word on The Street in general, suggests a Hold analyst consensus rating for Flowserve Corp with a $45.88 average price target, implying a -6.1% downside from current levels. In a report released yesterday, BMO Capital also reiterated a Hold rating on the stock with a $50 price target.
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The company has a one-year high of $51.55 and a one-year low of $37.51. Currently, Flowserve Corp has an average volume of 1.25M.
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Flowserve Corp. engages in the manufacture and provision of aftermarket service for comprehensive flow control systems. It operates through the following segments: Engineered Product Division, Industrial Product Division, and Flow Control Division.
