TechnipFMC plc Ordinary Share (NYSE:FTI) has earned an average rating of “Hold” from the twenty-four research firms that are presently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $32.47.
A number of research analysts have weighed in on FTI shares. HSBC reaffirmed a “reduce” rating and set a $26.00 price target on shares of TechnipFMC plc Ordinary Share in a research report on Wednesday, November 15th. Goldman Sachs Group cut shares of TechnipFMC plc Ordinary Share from a “buy” rating to a “neutral” rating and set a $30.00 price target on the stock. in a research report on Monday, November 13th. Barclays set a $28.00 price target on shares of TechnipFMC plc Ordinary Share and gave the company a “hold” rating in a research report on Thursday, October 26th. Royal Bank of Canada reaffirmed a “buy” rating and set a $37.00 price target on shares of TechnipFMC plc Ordinary Share in a research report on Friday, October 27th. Finally, Societe Generale started coverage on shares of TechnipFMC plc Ordinary Share in a research report on Thursday, November 16th. They set a “buy” rating and a $38.00 price target on the stock.
Shares of TechnipFMC plc Ordinary Share (FTI) traded down $0.84 during mid-day trading on Friday, reaching $28.26. 3,454,345 shares of the company’s stock were exchanged, compared to its average volume of 3,592,340. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.14 and a current ratio of 1.22. TechnipFMC plc Ordinary Share has a 1 year low of $24.53 and a 1 year high of $35.00.
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About TechnipFMC plc Ordinary Share
FMC Technologies, Inc is a global provider of technology solutions for the energy industry. The Company designs, manufactures and services a range of systems and products, including subsea production and processing systems, surface wellhead production systems, high pressure fluid control equipment, measurement solutions and marine loading systems.
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