Flowco (NYSE:FLOC) Coverage Initiated at Jefferies Financial Group

Stock analysts at Jefferies Financial Group started coverage on shares of Flowco (NYSE:FLOC) in a research report issued to clients and investors on Monday, MarketBeat.com reports. The brokerage set a “buy” rating and a $35.00 price target on the stock. Jefferies Financial Group’s price target suggests a potential upside of 29.15% from the company’s previous close.

Separately, JPMorgan Chase & Co. began coverage on Flowco in a report on Monday. They issued an “overweight” rating and a $32.00 price target for the company. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, Flowco currently has an average rating of “Buy” and a consensus target price of $33.80.

Flowco Stock Down 4.9 %

Flowco stock opened at $27.10 on Monday. Flowco has a 52 week low of $26.90 and a 52 week high of $30.50.

Flowco Company Profile

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.