$ 48.09
Key Takeaways
Risk factor
Significant default risk
Profitability factor
Very low or no dividends
About
Valaris Limited provides offshore contract drilling services to the international oil and gas industry. The company owns an offshore drilling rig fleet of 56 rigs, which include 11 drillships, 4 dynamically positioned semisubmersible rigs, 1 moored semisubmersible rig, and 40 jackup rigs. It serves international, government-owned, and independent oil and gas companies in the Gulf...
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBI
Target Price
The average target price of VAL is 52 and suggests 9% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation sugg
