Flowco (NYSE:FLOC) Earns Overweight Rating from Analysts at Piper Sandler

Piper Sandler started coverage on shares of Flowco (NYSE:FLOC) in a research note released on Monday morning, MarketBeat Ratings reports. The firm issued an overweight rating and a $34.00 price objective on the stock.

A number of other analysts have also weighed in on FLOC. Jefferies Financial Group assumed coverage on shares of Flowco in a report on Monday. They set a “buy” rating and a $35.00 target price for the company. JPMorgan Chase & Co. assumed coverage on shares of Flowco in a report on Monday. They set an “overweight” rating and a $32.00 target price for the company. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Flowco has a consensus rating of “Buy” and a consensus price target of $33.80.

Flowco Stock Down 0.1 %

Flowco stock opened at $26.98 on Monday. Flowco has a 1-year low of $26.27 and a 1-year 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.