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

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

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

Flowco Price Performance

NYSE:FLOC opened at $23.06 on Friday. Flowco has a 1-year low of $21.31 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.