Cleaves Securities analyst Peter M. E. Christensen maintained a Hold rating on FLEX LNG (FLNG – Research Report) on February 19 and set a price target of NOK329.00. The company’s shares opened today at $25.57.
M. E. Christensen covers the Energy sector, focusing on stocks such as Euronav, FLEX LNG, and Dorian LPG. According to TipRanks, M. E. Christensen has an average return of 30.8% and a 72.20% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for FLEX LNG with a $31.62 average price target, which is a 23.66% upside from current levels. In a report released on February 7, Kepler Capital also maintained a Hold rating on the stock with a NOK322.00 price target.
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FLNG market cap is currently $1.41B and has a P/E ratio of 12.02.
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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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