Market Overview

UPDATE: Stifel Raises PT on Fluor Corporation on Valuation


In a report published Wednesday, Stifel analyst Robert Connors reiterated a Buy rating on Fluor Corporation (NYSE: FLR), and raised the price target from $74.00 to $90.00.

In the report, Stifel noted, “We are increasing our target price for FLR stock from $74 to $90/sh. We value FLR stock based on EV/Backlog as well as P/E, P/B, EV/Rev., EV/EBITDA and P/Rev in comparison to prior cycles. Our $90 target price is the average of the 6 approaches and represents 29% upside potential.”

Fluor Corporation closed on Tuesday at $69.69.

Latest Ratings for FLR

Nov 2020UBSMaintainsNeutral
Apr 2020UBSDowngradesBuyNeutral
Apr 2020CitigroupDowngradesBuyNeutral

View More Analyst Ratings for FLR
View the Latest Analyst Ratings


Related Articles (FLR)

View Comments and Join the Discussion!

Posted-In: Robert Connors StifelAnalyst Color Price Target Analyst Ratings

Latest Ratings

MRTXHC Wainwright & Co.Maintains257.0
NVDATruist SecuritiesMaintains672.0
BLKBMO CapitalMaintains715.0
BLKDeutsche BankMaintains838.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at