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Valaris Limited sees revenue rise, but analysts recommend selling despite the financial gain.
Valaris Limited, an offshore drilling company, faces a "Reduce" recommendation from analysts with a price target of $49.67.
Despite this, the company reported a 6.2% increase in revenue to $620.70 million and a net margin of 12.61% in the latest quarter.
Institutional investor Spire Wealth Management increased its holdings in Valaris by 35.1% during the first quarter of 2021.
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Valaris Limited ve un aumento en los ingresos, pero los analistas recomiendan vender a pesar de las ganancias financieras.