Flow International (FLOW) Stock Rating Reaffirmed by Royal Bank of Canada

Flow International (NASDAQ:FLOW)‘s stock had its “hold” rating restated by analysts at Royal Bank of Canada in a report issued on Wednesday. They currently have a $50.00 price objective on the stock. Royal Bank of Canada’s price objective indicates a potential upside of 6.38% from the company’s previous close.

Several other equities analysts have also weighed in on FLOW. Zacks Investment Research upgraded shares of Flow International from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a report on Tuesday, October 17th. Stifel Nicolaus reiterated a “buy” rating and issued a $55.00 target price on shares of Flow International in a report on Tuesday, October 17th. Finally, BidaskClub upgraded shares of Flow International from a “buy” rating to a “strong-buy” rating in a report on Friday, October 13th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Flow International currently has a consensus rating of “Buy” and a consensus price target of $47.17.

Flow International (NASDAQ FLOW) traded up $0.59 during trading hours on Wednesday, reaching $47.00. 272,109 shares of the company’s stock traded hands, compared to its average volume of 306,277. The firm has a market cap of $198.17 and a price-to-earnings ratio of 1,175.00. Flow International has a 12 month low of $31.06 and a 12 month high of $49.50.

Several hedge funds have recently modified their holdings of the company. Aperio Group LLC lifted its holdings in shares of Flow International by 1.7% in the 2nd quarter. Aperio Group LLC now owns 61,227 shares of the company’s stock worth $2,258,000 after acquiring an additional 996 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Flow International by 5.5% in the 1st quarter. Russell Investments Group Ltd. now owns 28,146 shares of the company’s stock worth $977,000 after acquiring an additional 1,468 shares during the last quarter. Rhumbline Advisers lifted its holdings in shares of Flow International by 2.1% in the 3rd quarter. Rhumbline Advisers now owns 84,917 shares of the company’s stock worth $3,274,000 after acquiring an additional 1,735 shares during the last quarter. Thompson Investment Management Inc. lifted its holdings in shares of Flow International by 17.0% in the 3rd quarter. Thompson Investment Management Inc. now owns 21,640 shares of the company’s stock worth $834,000 after acquiring an additional 3,150 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of Flow International in the 3rd quarter worth approximately $226,000.

WARNING: “Flow International (FLOW) Stock Rating Reaffirmed by Royal Bank of Canada” was originally published by American Banking News and is the property of of American Banking News. If you are accessing this article on another domain, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this article can be accessed at https://www.americanbankingnews.com/2018/02/13/flow-international-flow-stock-rating-reaffirmed-by-royal-bank-of-canada.html.

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)

Receive News & Ratings for Flow International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flow International and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply