The latest price target for Ardmore Shipping (NYSE:ASC) was reported by Jefferies on November 14, 2024. The analyst firm set a price target for $17.00 expecting ASC to rise to within 12 months (a possible 50.31% upside). 9 analyst firms have reported ratings in the last year.

The latest analyst rating for Ardmore Shipping (NYSE:ASC) was provided by Jefferies, and Ardmore Shipping maintained their buy rating.

There is no last upgrade for Ardmore Shipping

The last downgrade for Ardmore Shipping Corp happened on October 23, 2024 when Stifel changed their price target from $24 to $17 for Ardmore Shipping Corp.

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 November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.

While ratings are subjective and will change, the latest Ardmore Shipping (ASC) rating was a maintained with a price target of $20.00 to $17.00. The current price Ardmore Shipping (ASC) is trading at is $11.31, which is out of the analyst’s predicted range.