Flowco (NYSE:FLOC) Research Coverage Started at BMO Capital Markets

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

A number of other analysts also recently issued reports on FLOC. Jefferies Financial Group assumed coverage on shares of Flowco in a report on Monday. They issued a “buy” rating and a $35.00 price target on the stock. JPMorgan Chase & Co. assumed coverage on shares of Flowco in a report on Monday. They issued an “overweight” rating and a $32.00 target price on the stock. Finally, Piper Sandler assumed coverage on shares of Flowco in a report on Monday. They issued an “overweight” rating and a $34.00 target price on the stock. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $33.80.

Flowco Price Performance

Shares of NYSE FLOC opened at $26.98 on Monday. Flowco has a 52-week low of $26.27 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.