Flowco (NYSE:FLOC) Coverage Initiated by Analysts at BMO Capital Markets

BMO Capital Markets started coverage on shares of Flowco (NYSE:FLOC) in a report published on Monday, Marketbeat.com reports. The brokerage issued an outperform rating and a $33.00 target price on the stock.

FLOC has been the subject of several other reports. JPMorgan Chase & Co. initiated coverage on shares of Flowco in a research report on Monday. They issued an “overweight” rating and a $32.00 price objective for the company. Piper Sandler initiated coverage on shares of Flowco in a research report on Monday. They issued an “overweight” rating and a $34.00 price objective for the company. Finally, Jefferies Financial Group initiated coverage on shares of Flowco in a research report on Monday. They issued a “buy” rating and a $35.00 price objective for the company. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $33.80.

Flowco Price Performance

FLOC stock opened at $26.98 on Monday. Flowco has a 12 month low of $26.27 and a 12 month high of $30.50.

Flowco Company Profile

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.