Raymond James upgraded shares of FLIR Systems (NASDAQ:FLIR) from an outperform rating to a strong-buy rating in a research report sent to investors on Tuesday, BenzingaRatingsTable reports. Raymond James currently has $75.00 price objective on the scientific and technical instruments company’s stock, up from their prior price objective of $60.00.
FLIR has been the subject of several other reports. SunTrust Banks set a $58.00 target price on shares of FLIR Systems and gave the company a buy rating in a research note on Friday, November 1st. William Blair reiterated an outperform rating on shares of FLIR Systems in a research note on Friday, November 15th. Zacks Investment Research downgraded shares of FLIR Systems from a hold rating to a sell rating and set a $57.00 target price for the company. in a research note on Monday, November 18th. Finally, BidaskClub downgraded shares of FLIR Systems from a hold rating to a sell rating in a research note on Tuesday, February 4th. Three analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. FLIR Systems presently has an average rating of Buy and an average target price of $62.40.
Shares of NASDAQ:FLIR opened at $57.51 on Tuesday. FLIR Systems has a 52-week low of $44.18 and a 52-week high of $59.44. The company has a market capitalization of $7.89 billion, a P/E ratio of 25.56 and a beta of 1.13. The company has a 50-day simple moving average of $53.71 and a 200 day simple moving average of $52.21. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.53 and a current ratio of 2.38.
FLIR Systems Company Profile
FLIR Systems, Inc designs, develops, markets, and distributes thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems, and threat-detection solutions worldwide. The company operates in three segments: Industrial Business Unit, Government and Defense Business Unit, and Commercial Business Unit.
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