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3 Best Cyclical and Value ETFsThis summary was created by AI, based on 1 opinions in the last 12 months.
Valaris Limited (VAL-N) is the largest offshore oil and gas driller with 53 rigs worldwide. They have exceeded 2nd quarter guidance and currently hold over $4 billion in contract backlogs. The stock trades at attractive multiples, with a low P/E ratio and ROE of 59%. The company is recommended with a potential upside of 27%, and a stop-loss at $40. Analysts’ price target is $87.45.
Valaris Limited is a American stock, trading under the symbol VAL-N on the New York Stock Exchange (VAL). It is usually referred to as NYSE:VAL or VAL-N
In the last year, there was no coverage of Valaris Limited published on Stockchase.
Valaris Limited was recommended as a Top Pick by on . Read the latest stock experts ratings for Valaris Limited.
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In the last year, there was no coverage of Valaris Limited published on Stockchase.
On 2024-12-10, Valaris Limited (VAL-N) stock closed at a price of $45.27.
The largest offshore oil and gas driller, operating 53 rigs worldwide. They beat 2nd quarter guidance as drilling contracts have extended longer -- they now hold over $4 billion in contract backlogs. We like that it trades at 5x earnings, under 2x book and supports a ROE of 59%. We recommend setting a stop-loss at $40, looking to achieve $69 -- upside potential of 27%. Yield 0%
(Analysts’ price target is $87.45)