In a report released on February 7, Axel Styrman from Kepler Capital maintained a Hold rating on FLEX LNG (FLNG – Research Report), with a price target of NOK379.00. The company’s shares closed yesterday at $26.17.
According to TipRanks, Styrman is a 4-star analyst with an average return of 12.5% and an 80.49% success rate. Styrman covers the Energy sector, focusing on stocks such as Frontline, Euronav, and DHT Holdings.
In addition to Kepler Capital , FLEX LNG also received a Hold from Cleaves Securities’s Peter M. E. Christensen in a report issued on February 5. However, yesterday, DNB Markets upgraded FLEX LNG (NYSE: FLNG) to a Buy.
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FLNG market cap is currently $1.5B and has a P/E ratio of 12.73.
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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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