TechnipFMC (FTI) was Downgraded to a Hold Rating at Kepler Capital


TechnipFMC (FTI) received a Hold rating and a EUR22.00 price target from Kepler Capital analyst Kevin Roger yesterday. The company’s shares closed last Monday at $16.02, close to its 52-week low of $15.74.

According to TipRanks.com, Roger is ranked #5234 out of 5951 analysts.

TechnipFMC has an analyst consensus of Moderate Buy, with a price target consensus of $23.99, representing a 49.5% upside. In a report issued on February 11, Berenberg Bank also maintained a Hold rating on the stock with a EUR20.00 price target.

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The company has a one-year high of $28.57 and a one-year low of $15.74. Currently, TechnipFMC has an average volume of 3.62M.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FTI in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

TechnipFMC Plc is an energy service company, which engages in the provision of solutions for the production and transformation of hydrocarbons. It operates through the following segments: Subsea, Onshore & Offshore, and Surface Technologies.

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