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

Shares of Flowco Holdings Inc. (NYSE:FLOC) have earned a consensus rating of “Buy” from the six ratings firms that are presently covering the stock, MarketBeat.com reports. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $33.80.

A number of analysts have recently weighed in on FLOC shares. Piper Sandler started coverage on shares of Flowco in a report on Monday, February 10th. They set an “overweight” rating and a $34.00 target price for the company. BMO Capital Markets began coverage on Flowco in a research report on Monday, February 10th. They issued an “outperform” rating and a $33.00 price objective on the stock. Jefferies Financial Group started coverage on Flowco in a report on Monday, February 10th. They set a “buy” rating and a $35.00 target price for the company. JPMorgan Chase & Co. initiated coverage on shares of Flowco in a research report on Monday, February 10th. They set an “overweight” rating and a $32.00 price objective on the stock. Finally, Pickering Energy Partners raised shares of Flowco to a “strong-buy” rating in a research report on Monday, February 10th.

Flowco Stock Up 4.5 %

NYSE:FLOC opened at $27.48 on Wednesday. Flowco has a 52 week low of $25.62 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.