Guggenheim Analysts Begin Coverage on FMC Tech (FTI)

By admin | 6 years ago

Equities researchers at Guggenheim assumed coverage on shares of FMC Tech (NYSE: FTI) in a report issued on Tuesday. The firm set a “neutral” rating on the stock.

Shares of FMC Tech opened at 41.83 on Tuesday. FMC Tech has a 52 week low of $34.46 and a 52 week high of $55.19. The company has a market cap of $10.002 billion and a P/E ratio of 24.61.

FTI has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of FMC Tech in a research note to investors on Thursday, May 10th. They now have a $47.00 price target on the stock. Separately, analysts at Societe Generale upgraded shares of FMC Tech from a “hold” rating to a “buy” rating in a research note to investors on Thursday, May 10th.

FMC Technologies, Inc. (FMC Technologies) is a global provider of technology solutions for the energy industry.

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