TechnipFMC plc found using ticker (FTI) now have 27 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 32 and 4.4 with the average target price sitting at 11.5. Now with the previous closing price of 7.28 this indicates there is a potential upside of 58.0%. There is a 50 day moving average of 7.82 and the 200 day moving average is 11.69. The company has a market capitalisation of $3,487m. Find out more information at: http://www.technipfmc.com
TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses. It operates through three segments: Subsea, Onshore/Offshore, and Surface Technologies. The Subsea segment manufactures and designs products and systems; performs engineering, procurement, and project management; and provides services used by oil and gas companies involved in deepwater exploration and production of crude oil and natural gas. The Onshore/Offshore segment designs and builds onshore facilities related to the production, treatment, and transportation of oil and gas; and designs, manufactures, and installs fixed and floating platforms for the production and processing of oil and gas reserves. The Surface Technologies segment designs and manufactures systems, as well as provides services used by oil and gas companies involved in the land and shallow water exploration and production of crude oil and natural gas. This segment also designs, manufactures, and supplies technologically advanced high pressure valves and fittings for oilfield service companies; and provides flowback and well testing services for exploration and production companies. TechnipFMC plc has a collaboration with Agilyx Corporation to jointly develop a process to purify Agilyx styrene oil to high purity styrene. The company operates in Russia, Brazil, the United States, Angola, Norway, Brazil, Australia, the United Kingdom, and internationally. The company was formerly known as Technip SA and changed its name to TechnipFMC plc in January 2017. TechnipFMC plc was founded in 1958 and is headquartered in London, the United Kingdom.