In a report issued on June 4, Gregory Lewis from BTIG reiterated a Buy rating on Diana Shipping (DSX), with a price target of $6.00. The company’s shares closed last Monday at $4.85, close to its 52-week high of $5.19.
According to TipRanks.com, Lewis is a 1-star analyst with an average return of -0.2% and a 45.2% success rate. Lewis covers the Industrial Goods sector, focusing on stocks such as Eagle Bulk Shipping, Golden Ocean Group, and Chart Industries.
Diana Shipping has an analyst consensus of Moderate Buy, with a price target consensus of $4.95.
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Diana Shipping’s market cap is currently $443.9M and has a P/E ratio of -11.00. The company has a Price to Book ratio of 1.06.
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Diana Shipping, Inc. operates as a holding company, which engages in the provision of shipping transportation services through the ownership and operation of dry bulk vessels. Its vessels are being employed primarily on medium to long-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain, and other materials along worldwide shipping routes. The company was founded on March 8, 1999 and is headquartered in Athens, Greece.
