Somewhat Positive Press Coverage Somewhat Unlikely to Affect TechnipFMC plc Ordinary Share (FTI) Share Price

Media headlines about TechnipFMC plc Ordinary Share (NYSE:FTI) have trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. TechnipFMC plc Ordinary Share earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave media stories about the oil and gas company an impact score of 46.3622549174987 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:

Shares of TechnipFMC plc Ordinary Share (NYSE FTI) traded down $0.06 during mid-day trading on Friday, hitting $29.61. 2,439,446 shares of the company traded hands, compared to its average volume of 3,800,000. The company has a market cap of $13,810.00 and a P/E ratio of -37.01. The company has a quick ratio of 1.14, a current ratio of 1.22 and a debt-to-equity ratio of 0.23. TechnipFMC plc Ordinary Share has a 1-year low of $24.53 and a 1-year high of $35.00.

FTI has been the subject of a number of analyst reports. HSBC reissued a “reduce” rating and issued a $26.00 price objective on shares of TechnipFMC plc Ordinary Share in a research report on Wednesday, November 15th. Goldman Sachs Group downgraded shares of TechnipFMC plc Ordinary Share from a “buy” rating to a “neutral” rating and set a $30.00 price objective for the company. in a research report on Monday, November 13th. Barclays set a $28.00 price objective on shares of TechnipFMC plc Ordinary Share and gave the company a “hold” rating in a research report on Thursday, October 26th. Royal Bank of Canada reissued a “buy” rating and issued a $37.00 price objective on shares of TechnipFMC plc Ordinary Share in a research report on Friday, October 27th. Finally, Societe Generale initiated coverage on shares of TechnipFMC plc Ordinary Share in a research report on Thursday, November 16th. They issued a “buy” rating and a $38.00 price objective for the company. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $32.97.

WARNING: This report was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this report on another site, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this report can be viewed at https://www.dispatchtribunal.com/2018/02/18/somewhat-positive-press-coverage-somewhat-unlikely-to-affect-technipfmc-plc-ordinary-share-fti-share-price.html.

TechnipFMC plc Ordinary Share Company Profile

FMC Technologies, Inc is a global provider of technology solutions for the energy industry. The Company designs, manufactures and services a range of systems and products, including subsea production and processing systems, surface wellhead production systems, high pressure fluid control equipment, measurement solutions and marine loading systems.

Insider Buying and Selling by Quarter for TechnipFMC plc Ordinary Share (NYSE:FTI)

Receive News & Ratings for TechnipFMC plc Ordinary Share Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TechnipFMC plc Ordinary Share and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply