Flow International Corp (FLOW) Given Average Recommendation of “Buy” by Brokerages

Shares of Flow International Corp (NASDAQ:FLOW) have been given an average rating of “Buy” by the nine analysts that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $47.20.

A number of equities research analysts recently commented on FLOW shares. Stifel Nicolaus restated a “buy” rating and set a $55.00 price objective on shares of Flow International in a report on Tuesday, October 17th. Robert W. Baird raised their price objective on shares of Flow International from $52.00 to $54.00 and gave the stock an “outperform” rating in a report on Wednesday, February 7th. Royal Bank of Canada restated a “hold” rating and set a $50.00 price objective on shares of Flow International in a report on Wednesday, February 7th. Finally, Zacks Investment Research upgraded shares of Flow International from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a report on Tuesday, October 17th.

A number of hedge funds have recently modified their holdings of FLOW. SG Americas Securities LLC acquired a new stake in Flow International in the 3rd quarter valued at $226,000. Crossmark Global Holdings Inc. acquired a new stake in Flow International in the 3rd quarter valued at $319,000. Piedmont Investment Advisors LLC acquired a new stake in Flow International in the 2nd quarter valued at $337,000. Thompson Investment Management Inc. increased its stake in Flow International by 17.0% in the 3rd quarter. Thompson Investment Management Inc. now owns 21,640 shares of the company’s stock valued at $834,000 after buying an additional 3,150 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its stake in Flow International by 23.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 25,896 shares of the company’s stock valued at $998,000 after buying an additional 4,976 shares during the last quarter.

Shares of Flow International (NASDAQ:FLOW) traded up $0.59 during trading hours on Tuesday, hitting $47.00. 272,109 shares of the company were exchanged, compared to its average volume of 306,277. Flow International has a fifty-two week low of $31.06 and a fifty-two week high of $49.50. The firm has a market capitalization of $198.17 and a price-to-earnings ratio of 1,175.00.

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About Flow International

SPX FLOW, Inc provides various engineered solutions worldwide. The company engineers, designs, manufactures, and markets products and solutions used to process, blend, filter, dry, meter, and transport fluids with a focus on original equipment installation, including turn-key systems, modular systems, and components, as well as aftermarket components and support services.

Analyst Recommendations for Flow International (NASDAQ:FLOW)

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