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Cleaves Securities Remains a Hold on FLEX LNG (FLNG)
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Cleaves Securities Remains a Hold on FLEX LNG (FLNG)

Cleaves Securities analyst Peter Christensen maintained a Hold rating on FLEX LNG (FLNGResearch Report) on October 30 and set a price target of NOK358.00. The company’s shares opened today at $30.57.

According to TipRanks, Christensen is a top 100 analyst with an average return of 30.7% and a 67.54% success rate. Christensen covers the Energy sector, focusing on stocks such as DHT Holdings, Frontline, and Nordic American Tanker.

Currently, the analyst consensus on FLEX LNG is a Hold with an average price target of $32.91.

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FLNG market cap is currently $1.59B and has a P/E ratio of 11.26.

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FLEX LNG (FLNG) Company Description:

FLEX LNG Ltd. engages in the operation of carrier vessels. It focuses on the engineering and construction of liquefied natural gas producer units. The company was founded by Philip Eystein Fjeld, Trym Tveitnes and Jostein Ueland in August 2006 and is headquartered in Road Town, British Virgin Islands.

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