Analyst Price Target is $9.00
▲ +59.01% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Borr Drilling in the last 3 months. The average price target is $9.00, with a high forecast of $9.00 and a low forecast of $9.00. The average price target represents a 59.01% upside from the last price of $5.66.
Current Consensus is
Buy
The current consensus among 1 contributing investment analysts is to buy stock in Borr Drilling. This rating changed within the last month from a Hold consensus rating.
Borr Drilling Limited operates as an offshore shallow-water drilling contractor to the oil and gas industry worldwide. The company owns, contracts, and operates jack-up drilling rigs for operations in shallow-water areas, including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production. It serves oil and gas exploration and production companies, such as integrated oil companies, state-owned national oil companies, and independent oil and gas companies. The company was formerly known as Magni Drilling Limited and changed its name to Borr Drilling Limited in December 2016. Borr Drilling Limited was incorporated in 2016 and is based in Hamilton, Bermuda.
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