Analysts think SBM Offshore is undervalued

It seems SBM Offshore's stock trades with a discount.The majority of the analysts thinks SBM Offshore is currently underpriced. Currently the company is being followed by 7 analyst. The recommendations for the stock contain 1 times sell, 2 times hold and no buys. The average of the current target prices for the stock is at 18,78 euros. This is at around 14 percent more than the current price of 17,26 euros. Morgan Stanley, DeGroof Petercam and Barclays recently provided recommendations for the stock.

Not so much doubt valuations SBM Offshore

Based on the current number of outstanding shares SBM Offshore's market capitalization 3,55 billion euros. The SBM Offshore stock was the past 12 months quite unstable. Since last May the stock is even 23 percent higher. This year the stock price moved between 10 and 18 euro.

Historical stock prices SBM Offshore

On Sunday the stock closed at 17,26 euros.

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