Risk factor
Poor trading liquidity
Profitability factor
Solid dividends
About
Akastor ASA serves as an investment firm primarily focused on the oilfield services sector. It provides extensive subsea well construction and intervention services to the oil and gas industry, leveraging its own fleet of five offshore vessels. The company's service offerings also encompass well design, drilling project oversight, and expertise in reservoir and field management. Furthermore, Akastor delivers solutions for rig procurement, custom training programs, software development, and the supply of technical personnel, alongside specialized well and reservoir consulting. Established in 1841, Akastor ASA is headquartered in Bærum, Norway.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITD.
Target Price
The average target price of AKAST.OL is 21.7 and suggests 63% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in