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

Shares of Flowco Holdings Inc. (NYSE:FLOC) have been assigned a consensus recommendation of “Buy” from the six brokerages that are presently covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $33.80.

Several brokerages have recently issued reports on FLOC. JPMorgan Chase & Co. began coverage on shares of Flowco in a research note on Monday, February 10th. They issued an “overweight” rating and a $32.00 target price on the stock. Piper Sandler started coverage on Flowco in a research note on Monday, February 10th. They issued an “overweight” rating and a $34.00 price target for the company. Evercore ISI started coverage on Flowco in a report on Monday, February 10th. They issued an “outperform” rating and a $35.00 price objective for the company. Jefferies Financial Group assumed coverage on shares of Flowco in a research note on Monday, February 10th. They issued a “buy” rating and a $35.00 price target for the company. Finally, BMO Capital Markets assumed coverage on shares of Flowco in a research report on Monday, February 10th. They set an “outperform” rating and a $33.00 price objective on the stock.

Flowco Stock Performance

FLOC opened at $27.48 on Wednesday. Flowco has a 1 year low of $25.62 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.