SFL Corporation Ltd with ticker code (SFL) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 16 and 10 and has a mean target at 11.5. Given that the stocks previous close was at 10.25 this indicates there is a potential upside of 12.2%. The 50 day moving average now sits at 8.69 while the 200 day moving average is 8.2. The market cap for the company is $1,429m. Company Website: https://www.sflcorp.com
The potential market cap would be $1,603m based on the market concensus.
SFL Corporation Ltd. engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters. It is also involved in the charter, purchase, and sale of assets. In addition, the company operates in various sectors of the maritime, and shipping and offshore industry, including oil transportation, dry bulk shipments, chemical transportation, oil product transportation, container transportation, car transportation, and drilling rigs. As of June 14, 2021, it had a fleet of approximately 80 vessels, such as container vessels, bulkers, tankers, and offshore drilling rigs. It operates in Bermuda, Cyprus, Liberia, Norway, Singapore, the United Kingdom, and the Marshall Islands. The company was formerly known as Ship Finance International Limited and changed its name to SFL Corporation Ltd. in September 2019. SFL Corporation Ltd. was incorporated in 2003 and is based in Hamilton, Bermuda.
