Kepler Capital Sticks to Its Hold Rating for Shelf Drilling (SHLLF)

Kepler Capital analyst Kevin Roger maintained a Hold rating on Shelf Drilling (SHLLFResearch Report) on April 12 and set a price target of NOK3.00. The company’s shares closed last Monday at $0.32.

According to TipRanks.com, Roger is a 5-star analyst with an average return of 24.1% and a 66.7% success rate. Roger covers the Industrial Goods sector, focusing on stocks such as BW Offshore, CGG Veritas, and TechnipFMC.

Shelf Drilling has an analyst consensus of Hold, with a price target consensus of $0.35.

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Shelf Drilling Ltd operates as a shallow water offshore drilling contractor. The company is engaged in the drilling and completion of exploratory and developmental offshore oil and natural gas wells. Geographically, it derives a majority of revenue from Saudi Arabia and also has a presence in Thailand; Nigeria; United Arab Emirates; India and Other Countries.