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 calculating the average target price we see 11.5. With the stocks previous close at 10.24 this would imply there is a potential upside of 12.3%. The 50 day moving average now sits at 9.66 while the 200 day moving average is 8.41. The company has a market cap of $1,448m. Visit the company website at: https://www.sflcorp.com
The potential market cap would be $1,626m based on the market concensus.
SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters. The company is also involved in the charter, purchase, and sale of assets. In addition, it operates in various sectors of the maritime, and shipping and offshore industries, including oil, chemical, oil product, container, and car transportation, as well as dry bulk shipments and drilling rigs. As of December 31, 2021, the company owned six crude oil tankers, 15 dry bulk carriers, 35 container vessels, two car carriers, one jack-up drilling rig, one ultra-deepwater drilling unit, two chemical tankers, and four oil product tankers. It primarily 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.
