Barclays analyst Eddie Kim maintained a Buy rating on Valaris (VAL – Research Report) today and set a price target of $105.00. The company’s shares closed yesterday at $65.44.
According to TipRanks, Kim is a 4-star analyst with an average return of 18.4% and a 65.00% success rate. Kim covers the Energy sector, focusing on stocks such as Transocean, Valaris, and Diamond Offshore Drilling Inc.
Currently, the analyst consensus on Valaris is a Moderate Buy with an average price target of $94.00.
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The company has a one-year high of $79.57 and a one-year low of $54.13. Currently, Valaris has an average volume of 806K.
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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.
Read More on VAL:
- 3 Best Stocks to Buy Now, 1/16/2024, According to Top Analysts
- Valaris price target lowered to $88 from $95 at Citi
- Valaris announces new contracts, extensions with associated backlog of $1.14B
- Valaris in offshore drillship deal with Petrobras valued at $519M
- Valaris adds newbuild drillships Valaris DS-13 and DS-14 for $337M
