Friday , October 22 2021

& # 39; The Saudi Impact handles Boskalis on time & # 39; Finance


Cuypers talks about the good news, but hasn't seen any reason to change the price target of € 31.50 for Boskalis. KBC also continued with the suggestion of the purchase. Boskalis is not the only maritime service provider that receives preferential treatment from Saudi. Cuypers explained that there must be nine parties who can compete for certain assignments, which Boskalis will also register.

Boskalis's share price can be further assisted by an agreement made for the Ostwind 2 offshore network connection, the largest cable installation contract ever obtained by Boskalis. KBC analysts show the potential of Boskalis for such work.

Boskalis shares were the big winners in Damrak in the opening minutes on Monday. The share was 7.4 percent higher at € 26.42 around 9.15 hours.

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