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RBC Capital Sticks to Its Buy Rating for TechnipFMC (FTI)

Tipranks - Tipranks - Fri Jan 16, 8:00PM CST

In a report released yesterday, Victoria Mcculloch from RBC Capital maintained a Buy rating on TechnipFMC, with a price target of $47.00.

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Mcculloch covers the Energy sector, focusing on stocks such as Aker BP ASA, TechnipFMC, and Technip Energies NV. According to TipRanks, Mcculloch has an average return of 11.3% and a 55.56% success rate on recommended stocks.

In a report released yesterday, TipRanks – xAI also reiterated a Buy rating on the stock with a $58.00 price target.

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Based on TechnipFMC’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.65 billion and a net profit of $309.7 million. In comparison, last year the company earned a revenue of $2.35 billion and had a net profit of $274.6 million

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