Wells Fargo Believes DHT Holdings (DHT) Still Has Room to Grow

In a report released today, Michael Webber from Wells Fargo maintained a Buy rating on DHT Holdings (NYSE: DHT). The company’s shares opened today at $5.48, close to its 52-week high of $5.60.

According to TipRanks.com, Webber is a 3-star analyst with an average return of 3.1% and a 50.0% success rate. Webber covers the Services sector, focusing on stocks such as Triton International Limited, Teekay Tankers Ltd, and Costamare Inc.

DHT Holdings has an analyst consensus of Strong Buy, with a price target consensus of $6.40, a 16.8% upside from current levels. In a report issued on October 19, J.P. Morgan also upgraded the stock to Buy.

.

See today’s analyst top recommended stocks >>

The company has a one-year high of $5.60 and a one-year low of $3.27. Currently, DHT Holdings has an average volume of 907.4K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

DHT Holdings, Inc. is an independent crude oil tanker company. It fleet trades internationally and consists of crude oil tankers in the VLCC, Aframax and Suezmax segments. The company was founded on February 12, 2010 and is headquartered in Hamilton, Bermuda.