Liam Burke analyst at B.Riley Financial reiterates coverage on Scorpio Tankers (STNG) in the Industrial Goods sector with a Buy rating. TipRanks.com has Burke rated as a 4.8 star analyst with a 50% return on investment and a 15.9% success rate. Burke has set a price target of $ 50.
TipRanks.com reports that Scorpio Tankers currently has 6 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $47.17. The target pricing ranges from a high forecast of $50.00 down to a low forecast of $43.00. Scorpio Tankers (STNG)’s last closing price was $38.61 which would put the average price target at 22.17% upside.
In addition, TradingView issued a Buy rating for STNG over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on STNG.
Other analysts covering STNG include:
- Omar Nokta of Jefferies issued a Buy rating with the price target of $ 50 on 1 day ago
- Gregory Lewis of BTIG issued a Buy rating with the price target of $ 50 on 1 day ago
- Benjamin Nolan of Stifel Nicolaus issued a Buy rating with the price target of $ 43 on 1 week ago
- Ken Hoexter of Bank of America Securities issued a Buy rating with the price target of $ 47 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.
IndustrialStockMovers.com keeps investors informed of the top moving stocks within the industrial sector. We provide investors with timely information regarding top moving stocks in the industrial sector sourced from our proprietary stocks screens, partner stock analysts and breaking news that identify and monitor stocks that are on the move. Join thousands of investors who already signed up for our free subscription to IndustrialStockMovers.com.
Disclaimer: Sandpiper Marketing Group, LLC would like to remind you the data contained in this website is not necessarily real-time nor accurate. All stocks, indexes, futures and Forex prices are not provided by exchanges but rather by our editor research at the time of writing this release, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Sandpiper Marketing does not bear any responsibility for any trading losses you might incur as a result of using this data. Sandpiper Marketing Group, LLC or anyone involved with Sandpiper Marketing Group, LLC will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this website/newsletter is not trustworthy unless verified by their own research. Also, because events/circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.