Evercore ISI initiated coverage on shares of Flowco (NYSE:FLOC – Free Report) in a research note issued to investors on Monday, Marketbeat reports. The brokerage issued an outperform rating and a $35.00 price objective on the stock.
Other equities analysts have also issued research reports about the stock. Jefferies Financial Group began coverage on shares of Flowco in a research report on Monday. They set a “buy” rating and a $35.00 target price on the stock. BMO Capital Markets began coverage on shares of Flowco in a research report on Monday. They set an “outperform” rating and a $33.00 target price on the stock. JPMorgan Chase & Co. began coverage on shares of Flowco in a report on Monday. They issued an “overweight” rating and a $32.00 price target on the stock. Finally, Piper Sandler began coverage on shares of Flowco in a report on Monday. They issued an “overweight” rating and a $34.00 price target on the stock. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $33.80.
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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.
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