Omar Nokta analyst at Jefferies reiterates coverage on Star Bulk Carriers (SBLK) in the Industrial Goods sector with a Buy rating. TipRanks.com has Nokta rated as a 4.5 star analyst with a 55% return on investment and a 12.7% success rate. Nokta has set a price target of $ 26.
TipRanks.com reports that Star Bulk Carriers currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $31.40. The target pricing ranges from a high forecast of $40.00 down to a low forecast of $25.00. Star Bulk Carriers (SBLK)’s last closing price was $19.05 which would put the average price target at 64.83% upside.
In addition, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on SBLK.
Other analysts covering SBLK include:
- Eirik Haavaldsen of Pareto issued a Buy rating with the price target of $ 25 on 1 week ago
- Peter Christensen of Cleaves Securities issued a Buy rating with the price target of $ 34 on 2 weeks ago
- Benjamin Nolan of Stifel Nicolaus issued a Buy rating with the price target of $ 32 on 2 months ago
- Amit Mehrotra of Deutsche Bank issued a Buy rating with the price target of $ 40 on 2 months 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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