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Analysts Conflicted on These Conglomerates Names: Flowserve (FLS), Golar LNG (GLNG) and Quanta Services (PWR)

Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on Flowserve (FLSResearch Report), Golar LNG (GLNGResearch Report) and Quanta Services (PWRResearch Report).

Flowserve (FLS)

In a report issued on August 6, Michael Halloran from Robert W. Baird maintained a Hold rating on Flowserve, with a price target of $49.00. The company’s shares closed last Tuesday at $38.83.

According to TipRanks.com, Halloran is a 5-star analyst with an average return of 20.2% and a 73.3% success rate. Halloran covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Emerson Electric Company, and Watts Water Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Flowserve with a $47.25 average price target, implying a 21.3% upside from current levels. In a report released yesterday, RBC Capital also maintained a Hold rating on the stock with a $44.00 price target.

See today’s analyst top recommended stocks >>

Golar LNG (GLNG)

Evercore ISI analyst Sean Morgan maintained a Buy rating on Golar LNG today and set a price target of $17.00. The company’s shares closed last Tuesday at $10.64.

According to TipRanks.com, Morgan is a 1-star analyst with an average return of -6.5% and a 31.3% success rate. Morgan covers the Industrial Goods sector, focusing on stocks such as Sunnova Energy International, New Fortress Energy, and Navigator Holdings.

Golar LNG has an analyst consensus of Moderate Buy, with a price target consensus of $17.00.

Quanta Services (PWR)

Robert W. Baird analyst Andrew Wittmann maintained a Buy rating on Quanta Services on August 8 and set a price target of $110.00. The company’s shares closed last Tuesday at $91.35.

According to TipRanks.com, Wittmann is a 5-star analyst with an average return of 18.8% and a 68.0% success rate. Wittmann covers the Industrial Goods sector, focusing on stocks such as Concrete Pumping Holdings, Construction Partners, and Jacobs Engineering.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Quanta Services with a $112.57 average price target, implying a 22.0% upside from current levels. In a report issued on August 6, Northland Securities also maintained a Buy rating on the stock with a $103.00 price target.

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