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Analysts’ Recommendations for Crude Tankers: A Comparison

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Apr. 5 2018, Updated 7:31 a.m. ET

Analysts’ recommendations

Now that we’ve compared crude tanker companies’ 4Q17 performances, let’s discuss analysts’ recommendations.

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Consensus ratings

Of the eight analysts covering Nordic American Tankers (NAT), only one analyst has given it a “buy” recommendation. About 50% of analysts are neutral, while 37% are bearish. The consensus target price for NAT is $2.74, which implies a potential upside of 41.2% from its market price as of March 29, 2018.

Seven analysts have given recommendations on Frontline (FRO). Of these analysts, 14% are bullish on the stock, ~43% are neutral, and 43% are bearish. The consensus 12-month target price for FRO is $4.87, which implies a potential upside of 9.9% from its market price as of March 29.

Seven analysts have given recommendations on Gener8 Maritime Partners (GNRT). Of these analysts, 43% are bullish, and 57% are neutral on the stock. No analysts are bearish on GNRT. The consensus 12-month target price for the stock is $6.79, which implies a potential upside of 20.2% from its market price as of March 29.

A total of 11 analysts have given recommendations on Teekay Tankers (TNK). Of these analysts, 36% are bullish, 55% are neutral, and 9% are bearish on the stock. The 12-month consensus target price for TNK is $1.91, which implies a potential upside of 60.5% from its market price as of March 29.

Of the 12 analysts covering Euronav (EURN), nine (or 75%) have given it “buy” recommendations, ~25% are neutral, and none are bearish on the stock. The consensus target price for EURN is $10.29, which implies a potential upside of 25.4% from its market price as of March 29.

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