Review
Evaluation
Target price
Dynamics
Performance
Growth
Dividends
Risks
NOK 8.7
Key Takeaways
Risk factor
Weak & very vulnerable to price shocks
Data is available to registered users only
Data is available to registered users only
Profitability factor
Very low or no dividends
Data is available to registered users only
Data is available to registered users only
About
Northern Ocean Ltd., a drilling contractor, provides offshore contract drilling services for the oil and gas industry worldwide. The company was incorporated in 2017 and is based in Hamilton, Bermuda.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.
Data is available to registered users only
Target Price
The average target price of NOL.OL is 7.0 and suggests 20% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to de
Data is available to registered users only
Buy
Sell