Flowtech Fluidpower PLC (FLO) PT Raised to GBX 192 at FinnCap
Flowtech Fluidpower PLC (LON:FLO) had its target price boosted by equities researchers at FinnCap from GBX 182 ($2.35) to GBX 192 ($2.48) in a research report issued on Friday. The firm currently has a “corporate” rating on the stock. FinnCap’s price target indicates a potential upside of 39.38% from the company’s current price.
Shares of Flowtech Fluidpower PLC (LON:FLO) traded down 0.54% during mid-day trading on Friday, hitting GBX 137.75. The company had a trading volume of 15,099 shares. The stock’s market cap is GBX 70.82 million. Flowtech Fluidpower PLC has a 52-week low of GBX 111.00 and a 52-week high of GBX 157.23. The stock’s 50-day moving average is GBX 138.07 and its 200-day moving average is GBX 138.74.
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About Flowtech Fluidpower PLC
Flowtech Fluidpower plc is a United Kingdom-based distributor of technical fluid power products. The Company operates through two divisions: Flowtechnology, which is geographically split into Flowtechnology UK (FTUK) and Flowtechnology Benelux (FTB), and Power Motion Control (PMC). FTUK and FTB focus on supplying distributors and resellers of industrial maintenance, repair and operation (MRO) products, primarily serving urgent orders rather than bulk offerings.
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