Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Prosafe SE, together with its subsidiaries, owns and operates semi-submersible accommodation vessels in Europe, South America, and Asia. It is also involved in the maintenance and modification of installations on fields for the production, hook-up and commissioning of new fields, tiebacks, existing infrastructure, and decommissioning activities. The company owns and operates a fleet of six semi-submersible accommodation vessels and one tender support vessel. It primarily serves oil and gas industries. The company was founded in 1972 and is headquartered in Stavanger, Norway.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. In particular, the stock is underpriced on P/E, of fair value on EV/EBITD.
Target Price
The average target price of PRS.OL is 3.3 and suggests 23% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to de