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  • Market Overview

    Why TechnipFMC's Stock Is Trading Higher Today

    Share:

    TechnipFMC (NYSE: FTI) shares are trading higher on Monday after HSBC upgraded the stock from Hold to Buy and announced a $9.60 price target.

    TechnipFMC is the largest provider of integrated deep-water offshore oil and gas development solutions, offering the full spectrum of subsea equipment and subsea engineering and construction services. Additionally, the company provides various oil and gas onshore engineering and construction services, with a long-standing expertise in delivering liquefied natural gas projects.

    TechnipFMC shares were trading up 19.88% at $6.96 on Monday. The stock has a 52-week high of $21.84 and a 52-week low of $4.49.

    Latest Ratings for FTI

    DateFirmActionFromTo
    Nov 2020HSBCUpgradesHoldBuy
    Oct 2020Societe GeneraleUpgradesHoldBuy
    Oct 2020JefferiesUpgradesUnderperformHold

    View More Analyst Ratings for FTI
    View the Latest Analyst Ratings

     

    Related Articles (FTI)

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    Posted-In: why it's movingUpgrades Analyst Ratings

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