The 1 year target of Lundin Energy Ab Spon Adr Each is N/A
1 year target is a predicted stock price a year from now.
= average of analyst price targets
One year target is an estimate of a stock price for a point in time equal to a year from the current date. The price level most often reflects the collective opinion of different analysts on where the stock will be trading a year from now. For an analyst to identify an individual estimate, they have to project what a company’s business will look like in a year, typically focusing on revenue and other significant factors. They also consider the willingness of investors to pay a certain price. While the average or median recommendation may be predictive and reflect the actual future value, the results are usually not extremely successful.
Lundin Energy AB (publ), an independent oil and gas company, engages in the exploration, development, and production of oil and gas properties primarily in Norway. As of December 31, 2020, it had proved plus probable net reserves of 671 million barrels of oil equivalent (MMboe); and proved plus probable plus possible net reserves of 826 MMboe. The company was formerly known as Lundin Petroleum AB (publ) and changed its name to Lundin Energy AB (publ) in March 2020. Lundin Energy AB (publ) was incorporated in 2001 and is headquartered in Stockholm, Sweden.