Valaris (VAL) Stock Forecast & Price Target

$55.64

-1.21 (-2.13%)

(As of 09/18/2024 ET)

Valaris - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 6 Analyst Ratings

Based on 6 Wall Street analysts who have issued ratings for Valaris in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 1 has given a hold rating, and 5 have given a buy rating for VAL.

Consensus Price Target

$91.40
64.27% Upside

High Forecast	$105.00
Average Forecast	$91.40
Low Forecast	$71.00

According to the 6 analysts' twelve-month price targets for Valaris, the average price target is $91.40. The highest price target for VAL is $105.00, while the lowest price target for VAL is $71.00. The average price target represents a forecasted upside of 64.27% from the current price of $55.64.

Type	Current Forecast 9/19/23 to 9/18/24	1 Month Ago 8/20/23 to 8/19/24	3 Months Ago 6/21/23 to 6/20/24	1 Year Ago 9/19/22 to 9/19/23
Consensus Rating	Moderate Buy	Moderate Buy	Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	2 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$91.40	$97.80	$99.20	$95.50
Forecasted Upside	64.27% Upside	43.66% Upside	42.51% Upside	28.54% Upside

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VAL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

VAL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Valaris Stock vs. The Competition

Type	Valaris	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.83	2.59	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	64.27% Upside	206.26% Upside	7.94% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/12/2024	Citigroup 3 of 5 stars		Lower Target	Buy ➝ Buy	$95.00 ➝ $71.00	+30.97%
8/9/2024	Barclays 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$98.00 ➝ $91.00	+39.40%
8/5/2024	Benchmark 2 of 5 stars		Reiterated Rating	Buy ➝ Buy	$90.00 ➝ $90.00	+38.04%
7/16/2024	Pickering Energy Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral
2/23/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$107.00 ➝ $105.00	+55.56%
11/28/2023	Capital One Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Becker Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight	$100.00	+44.97%
1/25/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$80.00 ➝ $90.00	+20.58%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 10:47 PM ET.

VAL Forecast - Frequently Asked Questions

What is Valaris' forecast for 2024?: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Valaris is $91.40, with a high forecast of $105.00 and a low forecast of $71.00.
Should I buy or sell Valaris stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Valaris in the last twelve months. There is currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" VAL shares.
Does Valaris's stock price have much upside?: According to analysts, Valaris's stock has a predicted upside of 42.29% based on their 12-month stock forecasts.
Has Valaris been downgraded by Wall Street analysts recently?: Over the previous 90 days, Valaris's stock had 1 downgrade by analysts.
What analysts cover Valaris?: Valaris has been rated by research analysts at Barclays, Benchmark, Citigroup, and Pickering Energy Partners in the past 90 days.
Do Wall Street analysts like Valaris more than its competitors?: Analysts like Valaris more than other "oils/energy" companies. The consensus rating score for Valaris is 2.83 while the average consensus rating score for "oils/energy" companies is 2.59. Learn more on how VAL compares to other companies.