| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/01/2023 | 32.89% | Jefferies | $16 → $18 | Reiterates | Buy → Buy |
| 07/19/2023 | 40.27% | Stifel | $24 → $19 | Maintains | Buy |
| 05/09/2023 | 25.51% | Jefferies | $20 → $17 | Maintains | Buy |
| 04/25/2023 | 77.19% | Stifel | $21 → $24 | Maintains | Buy |
| 02/15/2023 | 47.66% | Jefferies | $17 → $20 | Maintains | Buy |
| 11/29/2022 | 25.51% | Jefferies | $16 → $17 | Maintains | Buy |
| 11/02/2022 | 18.12% | Jefferies | $13.4 → $16 | Maintains | Buy |
| 10/14/2022 | -18.79% | Stifel | $9 → $11 | Maintains | Buy |
| 05/05/2022 | -33.55% | Jefferies | $7.5 → $9 | Maintains | Buy |
| 04/22/2022 | -37.25% | HC Wainwright & Co. | $5.5 → $8.5 | Maintains | Buy |
| 03/29/2021 | -59.39% | HC Wainwright & Co. | → $5.5 | Initiates Coverage On | → Neutral |
| 01/29/2021 | -59.39% | Jefferies | $6 → $5.5 | Maintains | Buy |
| 10/23/2020 | -55.7% | Jefferies | $7.5 → $6 | Maintains | Buy |
| 10/19/2020 | -55.7% | Stifel | $7 → $6 | Maintains | Buy |
| 01/23/2020 | -29.86% | Stifel | → $9.5 | Upgrades | Hold → Buy |
| 10/17/2019 | -29.86% | Stifel | $9 → $9.5 | Downgrades | Buy → Hold |
What is the target price for Ardmore Shipping (ASC)?
The latest price target for Ardmore Shipping (NYSE: ASC) was reported by Jefferies on August 1, 2023. The analyst firm set a price target for $18.00 expecting ASC to rise to within 12 months (a possible 32.89% upside). 8 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Ardmore Shipping (ASC)?
The latest analyst rating for Ardmore Shipping (NYSE: ASC) was provided by Jefferies, and Ardmore Shipping reiterated their buy rating.
When is the next analyst rating going to be posted or updated for Ardmore Shipping (ASC)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ardmore Shipping, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ardmore Shipping was filed on August 1, 2023 so you should expect the next rating to be made available sometime around August 1, 2024.
Is the Analyst Rating Ardmore Shipping (ASC) correct?
While ratings are subjective and will change, the latest Ardmore Shipping (ASC) rating was a reiterated with a price target of $16.00 to $18.00. The current price Ardmore Shipping (ASC) is trading at is $13.55, which is out of the analyst's predicted range.