Flowco Holdings Inc. (NYSE:FLOC) Given Average Recommendation of “Buy” by Analysts

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

FLOC has been the subject of several recent analyst reports. Pickering Energy Partners raised Flowco to a “strong-buy” rating in a report on Monday, February 10th. BMO Capital Markets initiated coverage on shares of Flowco in a research note on Monday, February 10th. They issued an “outperform” rating and a $33.00 target price for the company. JPMorgan Chase & Co. started coverage on Flowco in a research report on Monday, February 10th. They set an “overweight” rating and a $32.00 price target on the stock. Piper Sandler started coverage on Flowco in a report on Monday, February 10th. They set an “overweight” rating and a $34.00 target price on the stock. Finally, Jefferies Financial Group initiated coverage on Flowco in a report on Monday, February 10th. They set a “buy” rating and a $35.00 price target for the company.

Flowco Stock Performance

Shares of NYSE FLOC opened at $22.86 on Friday. Flowco has a 52 week low of $21.31 and a 52 week 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.