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Subsea 7 (SUBCY) Gets a Buy Rating from Kepler Capital

Kepler Capital analyst Kevin Roger maintained a Buy rating on Subsea 7 (SUBCYResearch Report) on January 13 and set a price target of NOK115.00. The company’s shares closed last Friday at $8.31.

Roger has an average return of 10.4% when recommending Subsea 7.

According to TipRanks.com, Roger is ranked #3804 out of 7773 analysts.

Currently, the analyst consensus on Subsea 7 is a Moderate Buy with an average price target of $13.21.

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Subsea 7’s market cap is currently $2.45B and has a P/E ratio of -15.72.

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Subsea 7 SA engages in the provision of engineering and construction services to the offshore drilling industry. It provides cost-effective technical solutions to enable the delivery of complex projects in all water depths and challenging environments. The company was founded on January 7, 2011 and is headquartered in London, the United Kingdom.

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