Kepler Capital analyst Magnus Olsvik maintained a Sell rating on Borr Drilling (BORR – Research Report) on January 22 and set a price target of NOK4.00. The company’s shares closed last Friday at $0.91, close to its 52-week low of $0.24.
Olsvik has an average return of 3.5% when recommending Borr Drilling.
According to TipRanks.com, Olsvik is ranked #2707 out of 7252 analysts.
Borr Drilling has an analyst consensus of Moderate Sell, with a price target consensus of $0.69.
The company has a one-year high of $7.45 and a one-year low of $0.24. Currently, Borr Drilling has an average volume of 5.36M.
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Borr Drilling Ltd. engages in the provision of drilling services to the oil and gas exploration and production industry. The firm will acquire and operate drilling assets. The company was founded on August 8, 2016 and is headquartered in Hamilton, Bermuda.