Poe Fratt analyst at Alliance Global Partners reiterates coverage on Eagle Bulk Shipping (EGLE) in the Industrials sector with a Buy rating. TipRanks.com has Fratt rated as a 5 star analyst with a 55% return on investment and a 39.3% success rate. Fratt has set a price target of $63.
TipRanks.com reports that Eagle Bulk Shipping currently has 6 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $61.33. The target pricing ranges from a high forecast of $84.00 down to a low forecast of $52.00. Eagle Bulk Shipping (EGLE)’s last closing price was $45.48 which would put the average price target at 34.85% upside.
In addition, TradingView issued a buy rating for EGLE over the next month, Barchart.com has a Weak sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on EGLE.
Other analysts covering EGLE include:
- Michael Heim of Noble Financial issued a Buy rating with the price target of $84 on 22 hours ago
- Gregory Lewis of BTIG issued a Buy rating with the price target of $52 on 2 weeks ago
- Benjamin Nolan of Stifel Nicolaus issued a Buy rating with the price target of $56 on 2 weeks ago
- Peter Christensen of Cleaves Securities issued a Buy rating with the price target of $58 on 1 month ago
One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. Click here for more on Tipranks.com. Another great tool for charting is TradingView.com, so you might want to check that out too.
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