Risk factor
Significant default risk
Profitability factor
Weak growth
About
Paratus Energy Services Ltd., through its subsidiaries, provides drilling services and operates a fleet of jack-up rigs under contracts in Mexico. The company also operates a fleet of pipe-laying support vessels under contracts in Brazil; and offers subsea engineering, installation, and other services, as well as well integrity and intervention, plug and abandonment, and decommissioning services to its upstream oil and gas clients. The company was incorporated in 2018 and is based in Hamilton, Bermuda.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair value
Target Price
The average target price of PLSV.OL is 59.3 and suggests 24.3% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i