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Flex LNG Ltd has a consensus price target of $24 based on the ratings of 1 analysts. The high is $24 issued by Jefferies on November 12, 2024. The low is $24 issued by Jefferies on November 12, 2024. The 3 most-recent analyst ratings were released by Jefferies on November 12, 2024, August 14, 2024, and May 23, 2024, respectively. With an average price target of $24.33 between Jefferies, there's an implied -7.02% downside for Flex LNG Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Flex LNG (NYSE:FLNG) was reported by Jefferies on November 12, 2024. The analyst firm set a price target for $24.00 expecting FLNG to fall to within 12 months (a possible -8.33% downside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Flex LNG (NYSE:FLNG) was provided by Jefferies, and Flex LNG maintained their hold rating.
The last upgrade for Flex LNG Ltd happened on August 14, 2024 when Jefferies raised their price target to $24. Jefferies previously had an underperform for Flex LNG Ltd.
There is no last downgrade for Flex LNG.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Flex LNG, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Flex LNG was filed on November 12, 2024 so you should expect the next rating to be made available sometime around November 12, 2025.
While ratings are subjective and will change, the latest Flex LNG (FLNG) rating was a maintained with a price target of $24.00 to $24.00. The current price Flex LNG (FLNG) is trading at is $26.18, which is out of the analyst’s predicted range.
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