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Enter Symbol:
 
Flowserve Corporation (FLS) [hlAlert]

Rating:
Overweight
FLS
down 42.23 %

Flowserve Corporation (FLS) rated Overweight with price target $85 by Barclays

Posted on: Tuesday,  Sep 2, 2014  1:25 PM ET by Barclays

Barclays rated Overweight Flowserve Corporation (NYSE: FLS) on 09/02/2014, when the stock price was $76.60. Since
then, Flowserve Corporation has lost 42.23% as of 01/07/2016's recent price of $44.25.
If you would have followed this Barclays's recommendation on FLS, you would have lost 42.23% of your investment in 492 days.

Flowserve Corporation (Flowserve) is a manufacturer and aftermarket service provider of comprehensive flow control systems. The Company is engaged in developing and manufacturing precision-engineered flow control equipment, such as pumps, valves and seals, for critical service applications. Through the manufacturing platform, the Company offers a range of aftermarket equipment services, such as installation, advanced diagnostics, repair and retrofitting. The Company operates in three business segments: flowserve pump division (FPD) for engineered pumps, industrial pumps and related services; flow control division (FCD) for engineered and industrial valves, control valves, actuators and controls and related services, and flow solutions division (FSD) for precision mechanical seals and related products and services. In April 2009, the Company acquired CALDER AG.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/2/2014 1:25 PM Buy
None
76.60 85.00
as of 10/17/2014
1 Week up  1.35 %
1 Month down  -11.72 %
3 Months down  -15.19 %
1 YTD down  -15.19 %

(*) Stock Price at the time of the recommendation.
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