Kepler Capital analyst Axel Styrman maintained a Buy rating on Euronav (EURN – Research Report) on March 13 and set a price target of €21.90. The company’s shares closed last Friday at $16.42.
Styrman covers the Energy sector, focusing on stocks such as Frontline, Euronav, and DHT Holdings. According to TipRanks, Styrman has an average return of 15.1% and an 83.33% success rate on recommended stocks.
Currently, the analyst consensus on Euronav is a Hold with an average price target of $19.71.
See today’s best-performing stocks on TipRanks >>
EURN market cap is currently $3.58B and has a P/E ratio of 4.18.
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.
Euronav (EURN) Company Description:
Euronav NV engages in the transportation and storage of crude oil. It operates through the Tankers and FpSO (Floating Production, Storage, and Offloading Operation) segments. The Tankers segment provides shipping services for crude oil seaborne transportation. The FpSO segment receives hydrocarbon fluids pumped by nearby offshore platforms and provides field storage. Its activities include crew, ship, and fleet management services. The company was founded in 1989 and is headquartered in Antwerp, Belgium.
Read More on EURN:
- Euronav NV price target raised to EUR 20.10 from EUR 16.43 at JPMorgan
- Euronav NV cut to Hold at Deutsche Bank on Q4 results, takeover uncertainty
- Euronav NV downgraded to Hold from Buy at Deutsche Bank
- Euronav NV downgraded to Hold from Buy at Jefferies
- EURN Earnings this Week: How Will it Perform?
