- CMB.Tech (CMBT, Financial) is merging with Golden Ocean in a deal worth $1.5 billion.
- Post-merger, CMBT shareholders will own 70% of the new entity, while Golden Ocean shareholders will hold 30%.
- Analysts forecast significant upside potential for CMB.Tech shares.
CMB.Tech (CMBT) has finalized a significant stock-for-stock merger agreement with Golden Ocean, with the transaction valued at approximately $1.5 billion. This strategic move will position CMB.Tech as the surviving entity in this consolidation, with ownership stakes clearly defined post-merger: CMBT shareholders are set to own approximately 70% of the newly formed company's equity, while Golden Ocean shareholders will control the remaining 30%.
Wall Street Analysts Forecast
According to insights from six analysts, the one-year price target for CMB.Tech NV (CMBT, Financial) averages at $19.34. This range includes a high estimate of $22.00 and a low of $18.00. These projections suggest a substantial upside potential of 117.08% from the current stock price of $8.91. For more in-depth forecasts, visit the CMB.Tech NV (CMBT) Forecast page.
The consensus recommendation from four brokerage firms places CMB.Tech NV (CMBT, Financial) at an average brokerage rating of 2.5, indicating an "Outperform" status. This scale ranges from 1 to 5, where 1 implies a Strong Buy, and 5 means Sell.
GuruFocus estimates place the GF Value for CMB.Tech NV (CMBT, Financial) at $17.53 over the next year. This reflects a potential upside of 96.75% from the current price of $8.91. The GF Value represents GuruFocus' fair value estimate based on historical trading multiples, past growth, and future business performance projections. For further information, please refer to the CMB.Tech NV (CMBT) Summary page.
