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Cleaves Securities Sticks to Its Hold Rating for FLEX LNG (FLNG)
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Cleaves Securities Sticks to Its Hold Rating for FLEX LNG (FLNG)

Cleaves Securities analyst Peter M. E. Christensen maintained a Hold rating on FLEX LNG (FLNGResearch Report) yesterday and set a price target of NOK329.00. The company’s shares opened today at $25.75.

M. E. Christensen covers the Industrials sector, focusing on stocks such as Diana Shipping, Eagle Bulk Shipping, and Safe Bulkers. According to TipRanks, M. E. Christensen has an average return of 33.2% and a 73.09% success rate on recommended stocks.

Currently, the analyst consensus on FLEX LNG is a Hold with an average price target of $28.84.

The company has a one-year high of $32.27 and a one-year low of $24.16. Currently, FLEX LNG has an average volume of 366.7K.

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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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