INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Valaris plc Investors
Valaris Limited Common Shares (VAL)
Last valaris limited common shares earnings: 4/29 09:50 pm
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US:NYSE Investor Relations:
investors.sherwin-williams.com
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Source: Business Wire
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Valaris plc (“Valaris” or the “Company”) (NYSE: VAL) investors concerning the Company and its officers’ possible violations of federal securities laws.On April 11, 2019, Ensco plc and Rowan Companies plc combined to form Ensco Rowan plc, which was later renamed Valaris plc.On July 31, 2019, the Company announced its second quarter 2019 financial results, its first earnings report since the merger, which missed market expectations. As noted by Seeking Alpha in an article published on August 2, 2019, Valaris’ results “shock[ed] investors with massive cash usage [and] . . . surprisingly weak outlook for the ultra-deepwater segment with further dayrate recovery likely delayed until at least the second half of next year.”On this news, Valaris’ stock price fell $1.50, or over 18%, to close at $6.77 on August 1, 2019, thereby injuring investors.If you purchased Valaris securities, have
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VAL
News
- Valaris Limited (NYSE: VAL) had its "equal weight" rating re-affirmed by analysts at Barclays PLC. They now have a $49.00 price target on the stock, down previously from $59.00.MarketBeat
- Valaris Limited (NYSE: VAL) was downgraded by analysts at Citigroup Inc. from a "buy" rating to a "neutral" rating. They now have a $47.00 price target on the stock, down previously from $58.00.MarketBeat
- Valaris Limited (NYSE: VAL) is now covered by analysts at JPMorgan Chase & Co.. They set an "underweight" rating and a $40.00 price target on the stock.MarketBeat
- Valaris Limited (NYSE: VAL) had its price target lowered by analysts at Citigroup Inc. from $71.00 to $58.00. They now have a "buy" rating on the stock.MarketBeat
- Valaris Limited (NYSE: VAL) had its price target lowered by analysts at Barclays PLC from $61.00 to $59.00. They now have an "overweight" rating on the stock.MarketBeat
VAL
Earnings
- 10/30/24 - Miss
VAL
Sec Filings
- 12/5/24 - Form 4
- 12/5/24 - Form 4
- 11/29/24 - Form SC
- VAL's page on the SEC website