Jefferies Remains a Hold on Nordic American Tanker (NAT)
Jefferies analyst Randy Giveans maintained a Hold rating on Nordic American Tanker (NAT) today and set a price target of $2.80. The company’s shares closed last Friday at $2.98, close to its 52-week low of $2.30.
According to TipRanks.com, Giveans is a 4-star analyst with an average return of 9.8% and a 50.4% success rate. Giveans covers the Industrial Goods sector, focusing on stocks such as ZIM Integrated Shipping Services, Navios Maritime Partners, and International Seaways.
Nordic American Tanker has an analyst consensus of Moderate Sell, with a price target consensus of $2.60.
See today’s analyst top recommended stocks >>
The company has a one-year high of $9.00 and a one-year low of $2.30. Currently, Nordic American Tanker has an average volume of 3.33M.
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.
Nordic American Tankers Ltd. is an international 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.