Fluor (FLR) Overweight Rating Maintained by Analysts at KeyBanc; With $64 Target; 5 Bullish Analysts Covering Alliance Resource Partners, L.P. (ARLP)

February 21, 2018 - By Michael Collier

Among 18 analysts covering Fluor Corporation (NYSE:FLR), 9 have Buy rating, 0 Sell and 9 Hold. Therefore 50% are positive. Fluor Corporation has $74 highest and $40.0 lowest target. $54.63’s average target is -5.53% below currents $57.83 stock price. Fluor Corporation had 52 analyst reports since July 31, 2015 according to SRatingsIntel. On Friday, July 31 the stock rating was downgraded by UBS to “Neutral”. Seaport Global Securities downgraded it to “Neutral” rating and $50 target in Friday, October 14 report. The firm earned “Hold” rating on Friday, July 31 by Deutsche Bank. On Monday, November 6 the stock rating was maintained by Canaccord Genuity with “Buy”. DA Davidson downgraded the shares of FLR in report on Friday, August 4 to “Hold” rating. The firm earned “Buy” rating on Friday, December 9 by Citigroup. The rating was maintained by Robert W. Baird on Friday, November 3 with “Neutral”. The company was maintained on Tuesday, August 25 by Canaccord Genuity. The stock of Fluor Corporation (NYSE:FLR) has “Buy” rating given on Tuesday, September 19 by KeyBanc Capital Markets. The rating was initiated by M Partners on Wednesday, June 29 with “Neutral”.

Among 7 analysts covering Alliance Resource Partners (NASDAQ:ARLP), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Alliance Resource Partners had 21 analyst reports since July 22, 2015 according to SRatingsIntel. FBR Capital initiated the shares of ARLP in report on Friday, September 18 with “Outperform” rating. FBR Capital maintained it with “Outperform” rating and $19 target in Monday, May 2 report. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, September 7. The company was maintained on Monday, October 5 by Deutsche Bank. The rating was maintained by Cowen & Co with “Outperform” on Tuesday, November 3. The firm has “Outperform” rating given on Thursday, July 30 by Cowen & Co. The stock has “Outperform” rating by FBR Capital on Tuesday, November 1. Seaport Global Securities initiated it with “Buy” rating and $29 target in Monday, October 31 report. On Tuesday, December 20 the stock rating was initiated by M Partners with “Neutral”. On Thursday, October 13 the stock rating was maintained by FBR Capital with “Outperform”. See Alliance Resource Partners, L.P. (NASDAQ:ARLP) latest ratings:

30/01/2018 Broker: FBR Capital Rating: Buy New Target: $30.0
16/01/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $22.0 Maintain
15/11/2017 Broker: Stifel Nicolaus Rating: Hold Old Target: $22 New Target: $21 Maintain
31/10/2017 Broker: FBR Capital Rating: Buy New Target: $30.0
12/10/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $22.0 Maintain
07/09/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $22.0 Maintain

Alliance Resource Partners, L.P. produces and markets coal primarily to utilities and industrial users in the United States. The company has market cap of $2.37 billion. It operates in two divisions, Illinois Basin and Appalachia. It has a 6.36 P/E ratio. The firm operates eight underground mining complexes in Illinois, Indiana, Kentucky, Maryland, and West Virginia.

The stock increased 1.40% or $0.2501 during the last trading session, reaching $18.1501. About 158,213 shares traded. Alliance Resource Partners, L.P. (NASDAQ:ARLP) has risen 50.47% since February 21, 2017 and is uptrending. It has outperformed by 33.77% the S&P500.

Investors sentiment decreased to 0.72 in Q3 2017. Its down 0.51, from 1.23 in 2017Q2. It is negative, as 12 investors sold Alliance Resource Partners, L.P. shares while 31 reduced holdings. 13 funds opened positions while 18 raised stakes. 17.59 million shares or 2.43% less from 18.03 million shares in 2017Q2 were reported. Gsa Cap Llp invested in 63,447 shares. New York-based Citigroup Inc has invested 0% in Alliance Resource Partners, L.P. (NASDAQ:ARLP). Us Retail Bank De invested in 0% or 6,780 shares. Cambridge Invest Research Advisors invested 0% of its portfolio in Alliance Resource Partners, L.P. (NASDAQ:ARLP). Morgan Stanley has 857,305 shares for 0% of their portfolio. Wells Fargo Com Mn owns 0% invested in Alliance Resource Partners, L.P. (NASDAQ:ARLP) for 179,964 shares. Manufacturers Life Insur Com The reported 0% stake. Barnett reported 1,589 shares. Adams Asset Advsr Limited Liability reported 309,046 shares. Tci Wealth Advsr has invested 0.04% in Alliance Resource Partners, L.P. (NASDAQ:ARLP). Selz Ltd Com accumulated 235,600 shares or 0.92% of the stock. Van Eck reported 0.02% of its portfolio in Alliance Resource Partners, L.P. (NASDAQ:ARLP). Balyasny Asset Ltd invested 0% of its portfolio in Alliance Resource Partners, L.P. (NASDAQ:ARLP). Cwm Limited Liability Corp invested in 200 shares or 0% of the stock. Qs Invsts Ltd accumulated 20,731 shares or 0% of the stock.

The stock decreased 0.36% or $0.21 during the last trading session, reaching $57.83. About 1.49M shares traded or 6.83% up from the average. Fluor Corporation (NYSE:FLR) has declined 7.15% since February 21, 2017 and is downtrending. It has underperformed by 23.85% the S&P500.

Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, and project management services worldwide. The company has market cap of $8.09 billion. It operates through four divisions: Energy, Chemicals & Mining; Industrial, Infrastructure & Power; Maintenance, Modification & Asset Integrity ; and Government. It has a 40.44 P/E ratio. The Energy, Chemicals & Mining segment offers a range of design, engineering, procurement, construction, fabrication, and project management services to upstream, downstream, chemical, petrochemical, offshore and onshore gas and oil production, liquefied natural gas, pipeline, and metals and mining markets.

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