In a report issued on August 2, Adam Seiden from Barclays maintained a Hold rating on Fluor Corp (FLR), with a price target of $28. The company’s shares closed on Friday at $22.67, close to its 52-week low of $22.10.
According to TipRanks.com, Seiden is a 1-star analyst with an average return of -2.4% and a 52.4% success rate. Seiden covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Terex Corp, and Deere.
Currently, the analyst consensus on Fluor Corp is a Moderate Buy with an average price target of $33.50, which is a 47.8% upside from current levels. In a report issued on August 2, Deutsche Bank also maintained a Hold rating on the stock with a $27 price target.
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The company has a one-year high of $60.60 and a one-year low of $22.10. Currently, Fluor Corp has an average volume of 2.96M.
Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is neutral on the stock.
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Fluor Corp. is a holding company, which engages in providing engineering, procurement, construction, fabrication and modularization, operations, maintenance and asset integrity, as well as project management services, on a global basis.
