Flowco Holdings Inc. (NYSE:FLOC) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Flowco Holdings Inc. (NYSE:FLOC) have been given an average rating of “Buy” by the six brokerages that are currently covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $33.80.

FLOC has been the topic of several recent research reports. JPMorgan Chase & Co. started coverage on shares of Flowco in a research report on Monday. They issued an “overweight” rating and a $32.00 price target on the stock. Jefferies Financial Group assumed coverage on Flowco in a research note on Monday. They set a “buy” rating and a $35.00 target price on the stock. Evercore ISI began coverage on shares of Flowco in a research report on Monday. They issued an “outperform” rating and a $35.00 price target for the company. Pickering Energy Partners upgraded shares of Flowco to a “strong-buy” rating in a report on Monday. Finally, BMO Capital Markets assumed coverage on shares of Flowco in a research report on Monday. They issued an “outperform” rating and a $33.00 target price for the company.

Flowco Stock Down 1.9 %

Shares of NYSE FLOC opened at $26.50 on Wednesday. Flowco has a twelve month low of $26.50 and a twelve month high of $30.50.

About Flowco

We are a leading provider of production optimization, artificial lift and methane abatement solutions for the oil and natural gas industry. Our products and services include a full range of equipment and technology solutions that enable our customers to efficiently and cost-effectively maximize the profitability and economic lifespan of the production phase of their operations.