Flowco (NYSE:FLOC) Earns Outperform Rating from Analysts at Evercore ISI

Stock analysts at Evercore ISI began coverage on shares of Flowco (NYSE:FLOC) in a research report issued to clients and investors on Monday,Briefing.com Automated Import reports. The firm set an “outperform” rating and a $35.00 price target on the stock. Evercore ISI’s target price would indicate a potential upside of 22.12% from the stock’s current price.

Other equities analysts have also issued research reports about the company. Jefferies Financial Group initiated coverage on Flowco in a research note on Monday. They issued a “buy” rating and a $35.00 target price for the company. Piper Sandler assumed coverage on Flowco in a research note on Monday. They issued an “overweight” rating and a $34.00 target price for the company. JPMorgan Chase & Co. assumed coverage on Flowco in a research report on Monday. They set an “overweight” rating and a $32.00 price target on the stock. Finally, BMO Capital Markets assumed coverage on Flowco in a research report on Monday. They set an “outperform” rating and a $33.00 price target on the stock. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Flowco has an average rating of “Buy” and an average target price of $33.80.

Flowco Stock Up 0.6 %

Shares of FLOC stock opened at $28.66 on Monday. Flowco has a 1 year low of $27.02 and a 1 year 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.