TechnipFMC plc (NYSE:FTI) has analysts on the Bullish side this week.

September 14, 2018 - By Joseph Taylor

TechnipFMC plc (NYSE:FTI) LogoInvestors sentiment increased to 3 in Q2 2018. Its up 1.00, from 2 in 2018Q1. It improved, as 1 investors sold TechnipFMC plc shares while 0 reduced holdings. 2 funds opened positions while 1 raised stakes. 369,438 shares or 4.96% more from 351,989 shares in 2018Q1 were reported.
Price Michael F invested in 3.11% or 295,000 shares. Whittier Tru Communications invested in 0% or 390 shares. Gemmer Asset Mngmt stated it has 17 shares or 0% of all its holdings. Cibc Ww Markets Corporation accumulated 61,308 shares.

TechnipFMC plc (NYSE:FTI) Ratings Coverage

Among 10 analysts covering TechnipFMC plc Ordinary Share (NYSE:FTI), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. TechnipFMC plc Ordinary Share had 10 analyst reports since April 12, 2018 according to SRatingsIntel. The rating was upgraded by Jefferies to “Buy” on Thursday, August 16. The stock has “Buy” rating by Cowen & Co on Friday, April 13. Credit Suisse reinitiated TechnipFMC plc (NYSE:FTI) on Tuesday, July 17 with “Outperform” rating. On Monday, July 30 the stock rating was maintained by BMO Capital Markets with “Market Perform”. Goldman Sachs upgraded TechnipFMC plc (NYSE:FTI) on Thursday, April 12 to “Buy” rating. The firm has “Buy” rating given on Thursday, May 24 by Wells Fargo. Susquehanna maintained TechnipFMC plc (NYSE:FTI) rating on Friday, April 13. Susquehanna has “Buy” rating and $3900 target. The rating was maintained by Barclays Capital with “Equal-Weight” on Thursday, August 2. The company was downgraded on Monday, July 2 by Citigroup. Below is a list of TechnipFMC plc (NYSE:FTI) latest ratings and price target changes.

16/08/2018 Broker: Jefferies Old Rating: Hold New Rating: Buy Upgrade
02/08/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $32 New Target: $35 Maintain
30/07/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Market Perform Old Target: $34 New Target: $35 Maintain
17/07/2018 Broker: Credit Suisse Rating: Outperform New Target: $38.28 Reinitiate
02/07/2018 Broker: Citigroup Old Rating: Buy New Rating: Neutral Downgrade
21/06/2018 Broker: BNP Paribas Rating: Underperform Initiates Coverage On
24/05/2018 Broker: Wells Fargo Rating: Buy New Target: $44.0000 Maintain
13/04/2018 Broker: Susquehanna Rating: Buy New Target: $39.0000 Maintain
13/04/2018 Broker: Cowen & Co Rating: Buy New Target: $38.0000 Maintain
12/04/2018 Broker: Goldman Sachs Old Rating: Neutral New Rating: Buy Upgrade

The stock increased 2.12% or $0.63 during the last trading session, reaching $30.32. About 964,695 shares traded. TechnipFMC plc (NYSE:FTI) has risen 15.61% since September 14, 2017 and is uptrending. It has underperformed by 0.01% the S&P500.

TechnipFMC plc provides technologies, systems, and services for gas and oil projects worldwide. The company has market cap of $13.65 billion. It operates in three divisions: Subsea, Onshore/Offshore, and Surface Projects. It has a 84.69 P/E ratio. The Subsea segment offers products, such as trees, manifolds, controls, templates, flowline systems, umbilicals, and flexibles, as well as subsea processing products.

More news for TechnipFMC plc (NYSE:FTI) were recently published by:, which released: “TechnipFMC’s Backlog Can Send Growth Into Higher Orbit” on September 06, 2018.‘s article titled: “Is Baker Hughes, a GE Company a Buy?” and published on September 12, 2018 is yet another important article.

TechnipFMC plc (NYSE:FTI) Ratings Chart

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