Petrobras Contracts And Flexible Vessels Will Secure Offshore Potential

Analysts have raised their price target on DOF Group from NOK 125 to NOK 131.33, citing adjustments to discount rates and updated profit expectations. This comes despite a more conservative outlook on revenue growth and profit margins.

The consensus analyst price target for DOF Group has increased to NOK125.00, driven by sharply higher estimates for both future P/E and revenue growth. What's in the News DOF Group ASA secured a three-year contract extension for Skandi Patagonia with TotalEnergies in Argentina, effective from January 2026, including two additional one-year extension options.

The downward revision in DOF Group’s price target reflects a sharp increase in the forecast P/E ratio and a notable slowdown in projected revenue growth, lowering the fair value estimate from NOK122.20 to NOK119.50. What's in the News DOF Group secured an addendum worth over USD 50 million to its long-term inspection contract with Petrobras in Brazil, alongside a new 4-year contract for the Skandi Salvador valued at approximately USD 165 million, commencing December 2025.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has decreased discount rate from 9.8% to 8.6%.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has decreased revenue growth from 14.7% to 12.6%, increased profit margin from 22.7% to 26.0% and increased discount rate from 8.1% to 9.9%.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.