In a report released today, Victoria Mcculloch from RBC Capital maintained a Hold rating on Aker Solutions ASA (0QXP – Research Report), with a price target of NOK33.00. The company’s shares closed yesterday at NOK30.16.
According to TipRanks, Mcculloch is a 4-star analyst with an average return of 12.5% and a 52.86% success rate.
The word on The Street in general, suggests a Hold analyst consensus rating for Aker Solutions ASA with a NOK48.20 average price target, representing a 59.84% upside. In a report released yesterday, Barclays also maintained a Hold rating on the stock with a NOK46.00 price target.
The company has a one-year high of NOK55.00 and a one-year low of NOK29.59. Currently, Aker Solutions ASA has an average volume of 220K.
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Aker Solutions ASA (0QXP) Company Description:
Aker Solutions ASA provides products, systems and services to the oil and gas industry. Offerings range from subsea to surface and concept to decommissioning. Operations are divided between the subsea and field design segments. The company delivers single equipment or complete systems for all phases of a subsea field’s life, including engineering, procurement, construction, installation, and commissioning. The field design business delivers services that include front end engineering design, detail engineering, procurement services, and construction management assistance. The company generates nearly half of its revenue from oil and gas participants in Norway with the rest split globally.