Archer’s consensus price target has risen to NOK40.00 despite a sharp increase in its future P/E and reduced revenue growth forecasts, indicating that valuation multiples are expanding even as growth expectations moderate.
What's in the News
- Archer Limited announced a cash distribution of NOK 0.62 per share, approved by the Board of Directors.
Valuation Changes
Summary of Valuation Changes for Archer
- The Consensus Analyst Price Target has risen from NOK38.00 to NOK40.00.
- The Future P/E for Archer has significantly risen from 5.88x to 56.99x.
- The Consensus Revenue Growth forecasts for Archer has significantly fallen from 12.3% per annum to 7.4% per annum.
Disclaimer
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