Ian Macpherson analyst at Piper Sandler reiterates coverage on TechnipFMC (FTI) in the Industrial Goods sector with a Buy rating. TipRanks.com has Macpherson rated as a 1.7 star analyst with a 45% return on investment and a -0.1% success rate. Macpherson has set a price target of $ 14.65.
TipRanks.com reports that TechnipFMC currently has 9 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $10.72. The target pricing ranges from a high forecast of $14.65 down to a low forecast of $7.80. TechnipFMC (FTI)’s last closing price was $8.25 which would put the average price target at 29.94% upside.
In addition, TradingView issued a Strong Buy rating for FTI over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on FTI.
Other analysts covering FTI include:
- James West of Evercore ISI issued a Buy rating with the price target of $ 12 on 3 weeks ago
- Bertrand Hodee of Kepler Capital issued a Buy rating with the price target of $ 10 on 1 month ago
- Guillaume Delaby of Societe Generale issued a Buy rating with the price target of $ 10 on 1 month ago
- Charles Minervino of Susquehanna issued a Buy rating with the price target of $ 12 on 2 months ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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