Kepler Capital analyst Kevin Roger maintained a Buy rating on Kvaerner ASA (KVAEF) on October 12 and set a price target of NOK12.00. The company’s shares closed last Monday at $1.12, close to its 52-week high of $1.13.
According to TipRanks.com, Roger is a 3-star analyst with an average return of 3.0% and a 45.9% success rate. Roger covers the Industrial Goods sector, focusing on stocks such as Shelf Drilling, Borr Drilling, and BW Offshore.
Kvaerner ASA has an analyst consensus of Moderate Buy, with a price target consensus of $1.28.
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The company has a one-year high of $1.13 and a one-year low of $0.60. Currently, Kvaerner ASA has an average volume of 195.
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Kværner ASA provided ship building and other related engineering services. Its principal activity was to provide services related to design, construction, maintenance, modification and operation of large and small industrial facilities. The group also provided technology products and integrated solutions. The services of the group were provided to industries that include oil and gas upstream and downstream, process, pharmaceuticals, metals, power, chemical, pulping, environmental technologies and ship building. The company was headquartered in Oslo, Norway.
