|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||4.84 - 4.93|
|52 Week Range||3.79 - 6.82|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.60 (12.45%)|
|1y Target Est||5.10|
None of the crude (DBO) tanker companies saw target price or recommendation revisions from analysts in week 15 or the previous two weeks. Read What Analysts Recommend for Crude Tankers for more information.
When assessing the crude tanker industry, it’s important to look at the BDTI (Baltic Dirty Tanker Index). In week 15 of 2018, which ended on April 13, the BDTI fell from 643 to 640. In week 14, the index dropped by 18 points. The index shows the direction that crude tanker rates are heading. The index has fallen ~9% since the beginning of the year.
In the previous part, we discussed Wall Street analysts’ recommendations for the two top performing crude tanker stocks on a YTD (year-to-date) basis—DHT Holdings (DHT) and Frontline (FRO). In this part, we’ll discuss analysts’ recommendations for the other top crude tanker stocks on a YTD basis as of April 5, 2018.
In this part, we’ll discuss Wall Street analysts’ target prices for the top two crude tanker stocks with the best returns YTD (year-to-date) as of April 5, 2018. Analysts expect both of these companies to have positive returns in the next 12 months.
DHT Holdings’ (DHT) YTD (year-to-date) returns were 1.1% as of April 5, 2018. DHT Holdings is the only crude tanker company with a positive YTD return. Euronav (EURN), Teekay Tankers (TNK), Frontline (FRO), and Nordic American Tankers (NAT) all have negative YTD returns. DHT Holdings was the best performer among its peers on a YTD basis. DHT Holdings has outperformed the shipping ETF as well as the broad equity market indexes. Since January 1, 2018, the Guggenheim Shipping ETF (SEA) has fallen 10%. Oil and gas transportation companies account for 47.7% of SEA. ...
Now that we’ve compared crude tanker companies’ 4Q17 performances, let’s discuss analysts’ recommendations. Of the eight analysts covering Nordic American Tankers (NAT), only one analyst has given it a “buy” recommendation. About 50% of analysts are neutral, while 37% are bearish.
If you are looking to invest in Accel Frontline Limited’s (NSEI:AFL), or currently own the stock, then you need to understand its beta in order to understand how it canRead More...
Frontline Ltd. announces the filing of its annual report on Form 20- F for the year ended December 31, 2017.. The annual report can be downloaded from the Company's website www.frontline.bm or from the ...
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Stock Monitor: Frontline Post Earnings Reporting LONDON, UK / ACCESSWIRE / March 06, 2018 / Active-Investors.com has just released a free earnings report on DHT Holdings, Inc. (NYSE: DHT ) ("DHT"). ...
Please find enclosed the presentation of Frontline Ltd.' s preliminary fourth quarter 2017 results to be held on the webcast/ conference call 28 February, 2018 at 15:00 CET. This information is subject ...
NEW YORK, NY / ACCESSWIRE / February 28, 2018 / Frontline Ltd. (NYSE: FRO ) will be discussing their earnings results in their Q4 Earnings Call to be held on February 28, 2018, at 9:00 AM Eastern Time. ...