Benchmark Co. analyst Kurt Hallead maintained a Buy rating on Valaris (VAL – Research Report) today and set a price target of $90.00. The company’s shares closed last Friday at $68.25.
According to TipRanks, Hallead is a 3-star analyst with an average return of 2.2% and a 38.20% success rate. Hallead covers the Energy sector, focusing on stocks such as Nabors Industries, Patterson-UTI, and Schlumberger.
Valaris has an analyst consensus of Moderate Buy, with a price target consensus of $96.00.
VAL market cap is currently $4.94B and has a P/E ratio of 5.97.
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Valaris (VAL) Company Description:
Valaris Ltd is the industry leader in offshore drilling services across all water depths and geographies. It is a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups.
