Fluor Corp. Price Target Raised to $80.00 at Canaccord Genuity (FLR)
Stock analysts at Canaccord Genuity lifted their price objective on shares of Fluor Corp. (NYSE:FLR) from $74.00 to $80.00 in a report issued on Thursday, AnalystRatingsNetwork.com reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price target would indicate a potential upside of 14.43% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at William Blair reiterated an “outperform” rating on shares of Fluor Corp. (NYSE:FLR) in a research note to investors on Thursday, September 12th. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Fluor Corp. (NYSE:FLR) in a research note to investors on Monday, August 26th. They now have a $69.00 price target on the stock. Finally, analysts at UBS AG reiterated a “buy” rating on shares of Fluor Corp. (NYSE:FLR) in a research note to investors on Friday, August 2nd. They now have a $75.00 price target on the stock, up previously from $73.00.
Three equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $74.23.
Fluor Corp. (NYSE:FLR) last released its earnings data on Thursday, August 1st. The company reported $0.98 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.01 by $0.03. The company had revenue of $7.19 billion for the quarter, compared to the consensus estimate of $7.26 billion. During the same quarter in the previous year, the company posted $0.95 earnings per share. The company’s revenue for the quarter was up .9% on a year-over-year basis.
Fluor Corporation (NYSE:FLR) is a holding company.
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