Jefferies Financial Group Initiates Coverage on Flowco (NYSE:FLOC)

Jefferies Financial Group started coverage on shares of Flowco (NYSE:FLOC) in a research report report published on Monday morning, MarketBeat Ratings reports. The firm issued a buy rating and a $35.00 price objective on the stock.

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

Flowco Trading Down 0.8 %

Shares of NYSE:FLOC opened at $28.42 on Monday. Flowco has a 12 month low of $27.02 and a 12 month 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.