Genco Shipping & Trading Ltd has a consensus price target of $22.57, established from looking at the 24 latest analyst ratings. The last 3 analyst ratings were released from Stifel, BTIG, and Jefferies on April 19, 2024, January 5, 2024, and November 30, 2023. With an average price target of $14.33 between Stifel, BTIG, and Jefferies, there's an implied -35.61% downside for Genco Shipping & Trading Ltd from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
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The latest price target for Genco Shipping & Trading (NYSE: GNK) was reported by Stifel on April 19, 2024. The analyst firm set a price target for $23.00 expecting GNK to rise to within 12 months (a possible 3.32% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Genco Shipping & Trading (NYSE: GNK) was provided by Stifel, and Genco Shipping & Trading maintained their buy rating.
There is no last upgrade for Genco Shipping & Trading.
The last downgrade for Genco Shipping & Trading Ltd happened on January 5, 2024 when BTIG changed their price target from N/A to N/A for Genco Shipping & Trading Ltd.
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 April 19, 2024 so you should expect the next rating to be made available sometime around April 19, 2025.
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 $23.00. The current price Genco Shipping & Trading (GNK) is trading at is $22.26, which is within the analyst’s predicted range.
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