FLIR Systems (FLIR)’s “Neutral” Rating Reaffirmed by Goldman Sachs (GS) Analysts

FLIR Systems (NASDAQ: FLIR)‘s stock had its “neutral” rating reiterated by research analysts at Goldman Sachs (NYSE: GS) in a report issued on Monday.

Separately, analysts at Sterne Agee initiated coverage on shares of FLIR Systems in a research note to investors on Friday, January 6th. They set a “neutral” rating on the stock. Analysts at Zacks Investment Research upgraded shares of FLIR Systems from an “underperform” rating to a “neutral” rating in a research note to investors on Friday, December 23rd. They now have a $27.00 price target on the stock. Also, analysts at Benchmark Co. reiterated a “hold” rating on shares of FLIR Systems in a research note to investors on Friday, November 18th. They now have a $28.00 price target on the stock.

FLIR Systems, Inc. (FLIR) is engaged in the design, manufacture and marketing of thermal imaging systems. The Company’s products are used in a variety of applications in commercial, industrial and government markets worldwide. The Company operates through three divisions: Thermography, Commercial Vision Systems and Government Systems (GS). Thermography products are sold for commercial and industrial applications. Commercial Vision Systems (CVS) is focused on commercial markets for infrared imaging technology. GS is focused on government customers and markets applications. In June 2009, the Company acquired Salvador Imaging, Inc. In October 2009, the Company acquired OmniTech Partners, Inc. In December 2009, the Company acquired Directed Perception, Inc. In addition, In December 2009, Dover Corporation announced that Datamax-O’Neil, a Dover operating company in its Engineered Systems Segment, has acquired the Company’s subsidiary, Extech Instruments’ Data Systems Division.

FLIR Systems traded down 0.45% on Monday, hitting $26.69. FLIR Systems has a 1-year low of $21.86 and a 1-year high of $37.29. The stock has a 50-day moving average of $25.58 and a 200-day moving average of $26.27. The company has a market cap of $4.163 billion and a price-to-earnings ratio of 20.23.



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