Euronav NV (EURN) Given Consensus Rating of “Hold” by Brokerages
Euronav NV (NYSE:EURN) has been given an average rating of “Hold” by the seven brokerages that are currently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $9.50.
Several research firms recently commented on EURN. Stifel Nicolaus set a $9.00 target price on Euronav and gave the stock a “hold” rating in a report on Friday, December 22nd. TheStreet lowered Euronav from a “c-” rating to a “d+” rating in a report on Tuesday, November 14th. Zacks Investment Research raised Euronav from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. BidaskClub raised Euronav from a “sell” rating to a “hold” rating in a report on Friday, October 13th. Finally, Deutsche Bank set a $10.00 target price on Euronav and gave the stock a “buy” rating in a report on Thursday, December 21st.
Shares of Euronav (NYSE:EURN) opened at $8.95 on Friday. The company has a market capitalization of $1,420.00 and a PE ratio of 43.34. Euronav has a 1-year low of $6.90 and a 1-year high of $9.65.
Euronav Company Profile
Euronav NV, together with its subsidiaries, owns, operates, and manages a fleet of vessels for the ocean transportation and storage of crude oil and petroleum products worldwide. The company operates through two segments, Tankers; and Floating Production, Storage, and Offloading Operations. As of April 4, 2017, it owned and operated a fleet of 55 double hulled vessels, including 31 very large crude carriers, 1 V-Plus vessel, 19 Suezmax vessels, and 2 floating, storage, and offloading vessels, as well as 2 Suezmax vessels under construction.
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