Risk factor
Very poor trading liquidity
Profitability factor
Very weak growth
About
Western Bulk Chartering AS, together with its subsidiaries, operates as a dry bulk shipping company. It charters and operates dry bulk vessels for the transportation of minerals, timber, cement, bauxite, steel products, grains, coal, and others; and operates chartered-in fleet of 110-150 vessels, including time charter trip vessels and period vessels. It operates in the Far East, Europe, India, North America, South America, Africa, and the Middle East. The company was incorporated in 1982 and is headquartered in Oslo, Norway. Western Bulk Chartering AS is a subsidiary of Kistefos AS.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, undervalued on EV/E
Target Price
The average target price of WEST.OL is 19 and suggests 2% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation
