Wall Street is positive on FLEX LNG Ltd (FLNG). On average, analysts give FLEX LNG Ltd a Hold rating. The average price target is $36, which means analysts expect the stock to add by 13.42% over the next twelve months.
That average ranking earns FLEX LNG Ltd an Analyst Rating of 5, which is better than 5% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating FLNG a Hold today. Find out what this means to you and get the rest of the rankings on FLNG!
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With FLEX LNG Ltd Stock Today?
FLEX LNG Ltd (FLNG) stock is trading at $31.74 as of 11:32 AM on Tuesday, Oct 4, a loss of -$0.33, or -1.03% from the previous closing price of $32.07. The stock has traded between $30.94 and $31.91 so far today. Volume today is light. So far 260,130 shares have traded compared to average volume of 660,043 shares.
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