12 Best Undervalued UK Stocks to Buy According to Analysts

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1. KNOT Offshore Partners LP (NYSE:KNOP)

Forward P/E: 8.51

Number of Hedge Fund Holders: 7

Analyst Upside Potential: 71.92%

KNOT Offshore Partners LP (NYSE:KNOP) is one of the Best Undervalued UK Stocks to Buy According to Analysts. On July 2, KNOT Offshore Partners LP (NYSE:KNOP) announced strategic and operational updates.

Management noted that it will refinance debt on the shuttle tanker Tove Knutsen through a sale and leaseback deal, raising about $32 million. Moreover, the company is also acquiring the Daqing Knutsen, a modern shuttle tanker built in 2022, for $95 million. The vessel is currently on time charter to PetroChina in Brazil through July 2027. The company has guaranteed charter income for this vessel through 2032 under certain conditions. Lastly, KNOT Offshore Partners LP (NYSE:KNOP) also announced a $10 million common unit buyback program.

KNOT Offshore Partners LP (NYSE:KNOP) is a UK-based company that owns and operates shuttle tankers that transport crude oil from offshore oil fields to onshore terminals.

While we acknowledge the potential of KNOP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than KNOP and that has 100x upside potential, check out our report about this cheapest AI stock.

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