Flow International (FLOW) Price Target Lowered to $60.00 at Stifel Nicolaus

Flow International (NASDAQ:FLOW) had its target price lowered by equities research analysts at Stifel Nicolaus from $62.00 to $60.00 in a research note issued on Wednesday. The brokerage presently has a “buy” rating on the stock. Stifel Nicolaus’ target price indicates a potential upside of 27.66% from the stock’s current price.

FLOW has been the subject of several other research reports. Zacks Investment Research cut shares of Flow International from a “buy” rating to a “hold” rating in a report on Friday, November 3rd. Royal Bank of Canada reissued a “hold” rating and set a $50.00 target price on shares of Flow International in a report on Wednesday, February 7th. Robert W. Baird raised their target price 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. Finally, BidaskClub raised shares of Flow International from a “buy” rating to a “strong-buy” rating in a report on Friday, October 13th. One analyst has rated the stock with a sell rating, three have given a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $47.17.

Shares of Flow International (FLOW) traded up $0.59 during trading on Wednesday, hitting $47.00. 272,109 shares of the company traded hands, compared to its average volume of 306,277. Flow International has a 12-month low of $31.06 and a 12-month high of $49.50. The stock has a market capitalization of $198.17 and a PE ratio of 1,175.00.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FLOW. SG Americas Securities LLC purchased a new position in Flow International in the third quarter valued at $226,000. Rex Capital Advisors LLC purchased a new position in Flow International in the first quarter valued at $315,000. Crossmark Global Holdings Inc. purchased a new position in Flow International in the third quarter valued at $319,000. Piedmont Investment Advisors LLC purchased a new position in Flow International in the second quarter valued at $337,000. Finally, Thompson Investment Management Inc. increased its holdings in Flow International by 17.0% in the third 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 in the last quarter.

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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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