Golden Ocean Group (GOGL) Upgraded at BidaskClub
BidaskClub upgraded shares of Golden Ocean Group (NASDAQ:GOGL) from a sell rating to a hold rating in a report issued on Saturday.
A number of other analysts have also recently weighed in on the stock. Morgan Stanley cut shares of Golden Ocean Group from an overweight rating to an equal weight rating and set a $10.00 price target for the company. in a research note on Monday, February 12th. Clarkson Capital upgraded shares of Golden Ocean Group from a neutral rating to a buy rating in a research note on Monday, February 12th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of $11.00.
Shares of Golden Ocean Group (GOGL) opened at $8.74 on Friday. The firm has a market cap of $1,230.00, a price-to-earnings ratio of -46.00 and a beta of 2.13. The company has a debt-to-equity ratio of 0.94, a quick ratio of 2.68 and a current ratio of 2.68. Golden Ocean Group has a 52 week low of $5.43 and a 52 week high of $9.95.
ILLEGAL ACTIVITY WARNING: “Golden Ocean Group (GOGL) Upgraded at BidaskClub” was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this story on another domain, it was illegally copied and republished in violation of US & international copyright & trademark legislation. The legal version of this story can be accessed at https://www.thecerbatgem.com/2018/02/21/golden-ocean-group-gogl-upgraded-at-bidaskclub.html.
Golden Ocean Group Company Profile
Golden Ocean Group Limited, formerly Knightsbridge Shipping Limited, is an international dry bulk shipping company. The Company is engaged in the transportation of dry bulk cargoes. It owns and operates a fleet of dry bulk carrier vessels, focusing on the Capesize, Panamax and Supramax markets. Its vessels transport a range of major and minor bulk commodities, including ores, coal, grains and fertilizers.
Receive News & Ratings for Golden Ocean Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Golden Ocean Group and related companies with MarketBeat.com's FREE daily email newsletter.