TechnipFMC (FTI) PT Raised to $50 at Jefferies
Get Alerts FTI Hot Sheet
Rating Summary:
25 Buy, 18 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 16 | New: 18
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Jefferies analyst Mark Wilson raised the price target on TechnipFMC (NYSE: FTI) to $50.00 (from $47.00) while maintaining a Buy rating.
The analyst comments "We increase direct shareholder returns +30% to >$1bn p.a. (c.8% yield) following more guidance upgrades at 3Q25 results. EBITDA to FCF conversion now "more like 55%" up from 50% & reiteration of "at least 70% of FCF" returned to shareholders. In practise, FTI has been outperforming both those metrics and this has been the story for years now LINK. Share buybacks, resilience of Subsea markets & product/strategy advantage means this continues. Buy, PT +6% to $50."
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