SFL Corporation Ltd – Consensus Indicates Potential 53.7% Upside

Broker Ratings

SFL Corporation Ltd with ticker code (SFL) now have 7 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 16 and 6.5 with the average target price sitting at 10.31. With the stocks previous close at 6.71 this indicates there is a potential upside of 53.7%. The 50 day moving average now sits at 6.92 while the 200 day moving average is 8.39. The market capitalisation for the company is $803m. You can visit the company’s website by visiting: http://www.sflcorp.com

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 shipping and offshore industry, including oil transportation, dry bulk shipments, chemical transportation, oil product transportation, container transportation, car transportation, drilling rigs, and offshore support vessels. As of December 31, 2019, it had a fleet of 81 vessels and rigs. It operates in Bermuda, Cyprus, Malta, Liberia, Norway, 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 founded in 2003 and is based in Hamilton, Bermuda.

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