Flowtech Fluidpower’s (FLO) Corporate Rating Reaffirmed at FinnCap

Flowtech Fluidpower (LON:FLO)‘s stock had its “corporate” rating reiterated by equities research analysts at FinnCap in a report released on Tuesday, January 23rd. They currently have a GBX 205 ($2.83) price objective on the stock. FinnCap’s price objective would indicate a potential upside of 19.19% from the stock’s previous close.

Shares of Flowtech Fluidpower (LON:FLO) traded down GBX 0.50 ($0.01) during mid-day trading on Tuesday, hitting GBX 172 ($2.38). 38,877 shares of the stock were exchanged, compared to its average volume of 47,419. The company has a market cap of $90.85 and a PE ratio of 1,911.11. Flowtech Fluidpower has a 12 month low of GBX 111 ($1.53) and a 12 month high of GBX 196 ($2.71).

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Flowtech Fluidpower Company Profile

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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