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Evercore ISI Group has decided to maintain its In-Line rating of Borr Drilling (NYSE:BORR) and lower its price target from $10.00 to $9.00.
Shares of Borr Drilling are trading down 2.16% over the last 24 hours, at $6.34 per share.
A move to $9.00 would account for a 41.96% increase from the current share price.
Borr Drilling Ltd is a drilling contractor that owns and operates jack-up rigs of modern and high-specification designs providing drilling services to the oil and gas exploration and production industry. The company operates a fleet of 16 jack-up drilling rigs. Geographically the activities are carried out through Norway.
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Posted In: BORR
