Flowco (NYSE:FLOC) Coverage Initiated by Analysts at BMO Capital Markets

Research analysts at BMO Capital Markets initiated coverage on shares of Flowco (NYSE:FLOC) in a research note issued to investors on Monday, Marketbeat Ratings reports. The firm set an “outperform” rating and a $33.00 price target on the stock. BMO Capital Markets’ target price would suggest a potential upside of 21.77% from the company’s current price.

Other analysts also recently issued reports about the stock. Piper Sandler initiated coverage on shares of Flowco in a report on Monday. They set an “overweight” rating and a $34.00 price objective for the company. JPMorgan Chase & Co. assumed coverage on Flowco in a report on Monday. They issued an “overweight” rating and a $32.00 price objective for the company. Finally, Jefferies Financial Group started coverage on Flowco in a report on Monday. They set a “buy” rating and a $35.00 price objective on the stock. Five analysts have rated the stock with a buy rating, According to MarketBeat, Flowco presently has a consensus rating of “Buy” and an average target price of $33.80.

Flowco Trading Down 4.9 %

Shares of NYSE:FLOC opened at $27.10 on Monday. Flowco has a one year low of $26.90 and a one 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.