NOK 34.25
Key Takeaways
Risk factor
Strong & resilient to price shocks
Profitability factor
Solid dividends
About
Var Energi AS, an independent upstream oil and gas company, explores for, develops, and produces hydrocarbons. The company operates four fields on the Norwegian continental shelf, including the Goliat, Marulk, Balder, and Ringhorne and Ringhorne East fields located in the Barents, the Norwegian, and the North Sea, as well as holds ownership interests in 32...
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is fairly valued on P/E, undervalued on EV/
Target Price
The average target price of VAR.OL is 38 and suggests 12% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation
