Peel Hunt Maintains a Buy Rating on Ricardo PLC (LON:RCDO) and GBX 1043.00 Target; SOLSTAD FARSTAD ASA ORDINARY SHARES (SLOFF) Shorts Up By 20.97%

SOLSTAD FARSTAD ASA ORDINARY SHARES (OTCMKTS:SLOFF) had an increase of 20.97% in short interest. SLOFF’s SI was 474,100 shares in March as released by FINRA. Its up 20.97% from 391,900 shares previously. The SI to SOLSTAD FARSTAD ASA ORDINARY SHARES’s float is 0.33%. It closed at $0.7 lastly. It is down 0.00% since March 5, 2017 and is . It has underperformed by 16.70% the S&P500.

In an analyst report shared with investors on Monday, 5 March, Ricardo PLC (LON:RCDO) stock had its Buy Rating restate by equity analysts at Peel Hunt. They currently have a GBX 1043.00 target price per share on company. Peel Hunt’s target indicates a potential upside of 7.53% from the company’s last stock price.

Solstad Farstad ASA operates offshore service and construction vessels for renewable energy at sea and offshore petroleum industry worldwide. The company has market cap of $220.49 million. The firm operates in three divisions: Anchor-Handling Vessels, Platform Supply Vessels, and Construction Service Vessels. It currently has negative earnings. It offers anchor-handling vessels delivering services related to rig moves, and anchoring of rigs and other devices at sea; platform supply vessels that deliver services relating to the transportation of material to offshore installations; and construction service vessels delivering services relating to the development of sub sea and floating installations.

Among 5 analysts covering Ricardo PLC (LON:RCDO), 4 have Buy rating, 1 Sell and 0 Hold. Therefore 80% are positive. Ricardo PLC has GBX 1130 highest and GBX 680 lowest target. GBX 974.20’s average target is -0.18% below currents GBX 976 stock price. Ricardo PLC had 40 analyst reports since September 10, 2015 according to SRatingsIntel. The stock has “Buy” rating by Liberum Capital on Monday, March 5. As per Monday, September 18, the company rating was maintained by Liberum Capital. The company was maintained on Thursday, July 6 by Liberum Capital. The company was downgraded on Thursday, November 19 by Peel Hunt. The rating was maintained by Peel Hunt with “Add” on Thursday, September 15. The firm earned “Buy” rating on Thursday, November 19 by Investec. The firm has “Buy” rating by Liberum Capital given on Friday, February 26. On Tuesday, January 23 the stock rating was maintained by Peel Hunt with “Buy”. The firm has “Buy” rating by Peel Hunt given on Wednesday, February 28. The firm earned “Buy” rating on Monday, March 5 by Peel Hunt.

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