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Genco Shipping & Trading Analyst Ratings

Benzinga ·  Jul 22, 2023 00:46
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
07/21/2023 48.26% BTIG $22 → $20 Maintains Buy
07/19/2023 70.5% Stifel $24 → $23 Maintains Buy
06/06/2023 33.43% Jefferies $20 → $18 Maintains Buy
04/25/2023 77.91% Stifel $23 → $24 Maintains Buy
02/23/2023 48.26% Jefferies → $20 Reiterates → Buy
10/10/2022 100.15% B. Riley Securities $31 → $27 Maintains Buy
09/30/2022 48.26% Stifel → $20 Initiates Coverage On → Buy
09/26/2022 48.26% Jefferies $25 → $20 Maintains Buy
08/03/2022 114.97% Alliance Global Partners → $29 Initiates Coverage On → Buy
07/21/2022 85.32% Jefferies → $25 Initiates Coverage On → Buy
05/05/2022 114.97% Jefferies $27 → $29 Maintains Buy
02/24/2022 92.74% Jefferies $25 → $26 Maintains Buy
09/13/2021 122.39% HC Wainwright & Co. → $30 Initiates Coverage On → Buy
06/30/2021 77.91% Jefferies $20 → $24 Maintains Buy
05/06/2021 48.26% Jefferies $18 → $20 Maintains Buy
02/25/2021 -3.63% Jefferies $11 → $13 Maintains Buy
01/29/2021 -18.46% Jefferies $9 → $11 Maintains Buy
07/29/2020 -34.03% DNB Markets → $8.9 Upgrades Hold → Buy
05/08/2020 -18.46% B. Riley Securities $14 → $11 Maintains Buy
03/09/2020 DNB Markets Downgrades Buy → Hold
02/27/2020 3.78% B. Riley Securities $16 → $14 Maintains Buy
01/27/2020 Fearnleys Downgrades Buy → Hold
03/06/2019 48.26% Maxim Group $22 → $20 Maintains Buy
03/06/2019 -29.58% Morgan Stanley $9 → $9.5 Maintains Equal-Weight
10/04/2018 63.08% B. Riley Securities → $22 Initiates Coverage On → Buy

What is the target price for Genco Shipping & Trading (GNK)?

The latest price target for Genco Shipping & Trading (NYSE: GNK) was reported by BTIG on July 21, 2023. The analyst firm set a price target for $20.00 expecting GNK to rise to within 12 months (a possible 48.26% upside). 9 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Genco Shipping & Trading (GNK)?

The latest analyst rating for Genco Shipping & Trading (NYSE: GNK) was provided by BTIG, and Genco Shipping & Trading maintained their buy rating.

When is the next analyst rating going to be posted or updated for Genco Shipping & Trading (GNK)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Genco Shipping & Trading, 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 Genco Shipping & Trading was filed on July 21, 2023 so you should expect the next rating to be made available sometime around July 21, 2024.

Is the Analyst Rating Genco Shipping & Trading (GNK) correct?

While ratings are subjective and will change, the latest Genco Shipping & Trading (GNK) rating was a maintained with a price target of $22.00 to $20.00. The current price Genco Shipping & Trading (GNK) is trading at is $13.49, which is out of the analyst's predicted range.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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