SFL Corporation Ltd found using ticker (SFL) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 16 and 9 with the average target price sitting at 10.67. Given that the stocks previous close was at 8.24 this is indicating there is a potential upside of 29.5%. The 50 day MA is 8.41 while the 200 day moving average is 8.05. The market cap for the company is $1,113m. You can visit the company’s website by visiting: https://www.sflcorp.com
The potential market cap would be $1,441m 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.
