TechnipFMC (FTI) was Upgraded to a Buy Rating at Kepler Capital


TechnipFMC (FTI) received a Buy rating and a EUR11.00 price target from Kepler Capital analyst Kevin Roger on January 18. The company’s shares closed last Tuesday at $11.72.

Roger has an average return of 20.4% when recommending TechnipFMC.

According to TipRanks.com, Roger is ranked #689 out of 7233 analysts.

TechnipFMC has an analyst consensus of Strong Buy, with a price target consensus of $12.99, implying a 7.8% upside from current levels. In a report issued on January 7, Susquehanna also maintained a Buy rating on the stock with a $13.00 price target.

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The company has a one-year high of $20.61 and a one-year low of $4.49. Currently, TechnipFMC has an average volume of 7.18M.

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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. The Subsea segment engages in designing, engineering, procurement, manufacturing, fabrication and installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipe systems used in oil and gas production and transportation. The Onshore & Offshore segment offers designing and project development services. The Surface Technologies segment designs and manufactures products & systems, and provides services used by oil and gas companies involved in land and offshore exploration and production of crude oil and natural gas. The company was founded on December 9, 2015 and is headquartered in London, the United Kingdom.

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