Maxim Group analyst James Jang maintained a Sell rating on Nordic American Tanker (NAT) today and set a price target of $1.25. The company’s shares opened today at $2.10.
Jang said:
“Nordic American Tankers (NAT) reported 4Q18 results with key metrics all below expectations.”
According to TipRanks.com, Jang is a 3-star analyst with an average return of 3.3% and a 34.8% success rate. Jang covers the Services sector, focusing on stocks such as Sino-Global Shipping America, Eagle Bulk Shipping Inc, and TuanChe Limited.
Nordic American Tanker has an analyst consensus of Hold, with a price target consensus of $1.95.
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The company has a one-year high of $3.47 and a one-year low of $1.81. Currently, Nordic American Tanker has an average volume of 1.41M.
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Nordic American Tankers Ltd. is a tanker company, which engages in owning and operating of Suezmax crude oil tankers. The company was founded by Herbjørn Hansson on June 12, 1995 and is headquartered in Hamilton, Bermuda.
