Cleaves Securities Downgrades DHT Holdings (DHT) to Sell


Cleaves Securities analyst Joakim Hannisdahl downgraded DHT Holdings (DHT) to Sell on August 15 and set a price target of $4.60. The company’s shares closed last Monday at $6.28.

According to TipRanks.com, Hannisdahl is a 3-star analyst with an average return of 2.7% and a 54.7% success rate. Hannisdahl covers the Services sector, focusing on stocks such as Nordic American Tanker, International Seaways, and Eagle Bulk Shipping.

Currently, the analyst consensus on DHT Holdings is a Moderate Buy with an average price target of $6.31.

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DHT Holdings’ market cap is currently $914M and has a P/E ratio of 3.60. The company has a Price to Book ratio of 0.87.

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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.

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