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Ardmore Shipping Corp has a consensus price target of $14.3 based on the ratings of 5 analysts. The high is $26 issued by Evercore ISI Group on July 23, 2024. The low is $8.5 issued by HC Wainwright & Co. on April 22, 2022. The 3 most-recent analyst ratings were released by Stifel, Jefferies, and Jefferies on February 14, 2025, February 13, 2025, and November 14, 2024, respectively. With an average price target of $15 between Stifel, Jefferies, and Jefferies, there's an implied 49.25% upside for Ardmore Shipping Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Ardmore Shipping (NYSE:ASC) was reported by Stifel on February 14, 2025. The analyst firm set a price target for $11.00 expecting ASC to rise to within 12 months (a possible 9.45% upside). 9 analyst firms have reported ratings in the last year.
The latest analyst rating for Ardmore Shipping (NYSE:ASC) was provided by Stifel, and Ardmore Shipping maintained their hold 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 February 14, 2025 so you should expect the next rating to be made available sometime around February 14, 2026.
While ratings are subjective and will change, the latest Ardmore Shipping (ASC) rating was a maintained with a price target of $13.00 to $11.00. The current price Ardmore Shipping (ASC) is trading at is $10.05, which is out of the analyst’s predicted range.
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