Brokerages Set Flowco Holdings Inc. (NYSE:FLOC) Price Target at $33.80

Shares of Flowco Holdings Inc. (NYSE:FLOC) have earned an average rating of “Buy” from the six brokerages that are covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $33.80.

A number of research analysts have recently commented on FLOC shares. BMO Capital Markets assumed coverage on Flowco in a report on Monday, February 10th. They set an “outperform” rating and a $33.00 price objective on the stock. Evercore ISI initiated coverage on shares of Flowco in a research report on Monday, February 10th. They issued an “outperform” rating and a $35.00 price target on the stock. Pickering Energy Partners upgraded shares of Flowco to a “strong-buy” rating in a research note on Monday, February 10th. Piper Sandler began coverage on shares of Flowco in a research report on Monday, February 10th. They set an “overweight” rating and a $34.00 target price for the company. Finally, Jefferies Financial Group initiated coverage on Flowco in a research note on Monday, February 10th. They issued a “buy” rating and a $35.00 price objective on the stock.

Flowco Stock Up 0.9 %

FLOC opened at $23.06 on Friday. Flowco has a fifty-two week low of $21.31 and a fifty-two 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.