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TechnipFMC PLC has a consensus price target of $28.44 based on the ratings of 18 analysts. The high is $37 issued by RBC Capital on November 18, 2024. The low is $12 issued by Benchmark on August 25, 2022. The 3 most-recent analyst ratings were released by RBC Capital, Citigroup, and HSBC on November 18, 2024, November 14, 2024, and October 29, 2024, respectively. With an average price target of $34.67 between RBC Capital, Citigroup, and HSBC, there's an implied 16.33% upside for TechnipFMC PLC from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for TechnipFMC (NYSE:FTI) was reported by RBC Capital on November 18, 2024. The analyst firm set a price target for $37.00 expecting FTI to rise to within 12 months (a possible 24.20% upside). 22 analyst firms have reported ratings in the last year.
The latest analyst rating for TechnipFMC (NYSE:FTI) was provided by RBC Capital, and TechnipFMC initiated their outperform rating.
The last upgrade for TechnipFMC PLC happened on October 29, 2024 when HSBC raised their price target to $32. HSBC previously had a hold for TechnipFMC PLC.
The last downgrade for TechnipFMC PLC happened on February 23, 2024 when HSBC changed their price target from N/A to $23.6 for TechnipFMC PLC.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of TechnipFMC, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for TechnipFMC was filed on November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 2025.
While ratings are subjective and will change, the latest TechnipFMC (FTI) rating was a initiated with a price target of $0.00 to $37.00. The current price TechnipFMC (FTI) is trading at is $29.79, which is within the analyst’s predicted range.
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