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Stock analysts at Canaccord Genuity raised their price objective on shares of Fluor Co. (NEW) (NYSE:FLR) from $89.00 to $100.00 in a report issued on Friday. Canaccord Genuity’s price target suggests a potential upside of 36.52% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse cut their price target on shares of Fluor Co. (NEW) from $96.00 to $93.00 in a research note on Friday. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Fluor Co. (NEW) in a research note on Friday. They now have a $92.00 price target on the stock, down previously from $94.00. Finally, analysts at Wells Fargo & Co. initiated coverage on shares of Fluor Co. (NEW) in a research note on Tuesday, July 22nd. They set an “outperform” rating on the stock. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $91.40.

Fluor Co. (NYSE:FLR) traded up 0.52% on Friday, hitting $73.25. The stock had a trading volume of 2,257,475 shares. Fluor Co. has a one year low of $63.17 and a one year high of $83.93. The stock has a 50-day moving average of $76.95 and a 200-day moving average of $76.94. The company has a market cap of $11.657 billion and a P/E ratio of 18.40.

Fluor Co. (NEW) (NYSE:FLR) last issued its quarterly earnings data on Thursday, July 31st. The company reported $1.02 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.99 by $0.03. The company had revenue of $5.25 billion for the quarter, compared to the consensus estimate of $5.98 billion. During the same quarter last year, the company posted $0.98 earnings per share. Fluor Co. (NEW)’s revenue was down 27.0% compared to the same quarter last year. On average, analysts predict that Fluor Co. will post $4.25 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Thursday, October 2nd. Investors of record on Wednesday, September 3rd will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date of this dividend is Friday, August 29th.

Fluor Corporation (NYSE:FLR) is a holding company.

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