$22.07
0.20.91%
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$22.07
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Genco Shipping & Trading
GNKNYSE
Genco Shipping & Trading (NYSE:GNK) Stock, Analyst Ratings, Price Targets, Predictions
Genco Shipping & Trading Ltd has a consensus price target of $23.71, established from looking at the 25 latest analyst ratings. The last 3 analyst ratings were released from Alliance Global Partners, B. Riley Securities, and Jefferies on July 1, 2024, May 10, 2024, and May 9, 2024. With an average price target of $28 between Alliance Global Partners, B. Riley Securities, and Jefferies, there's an implied 26.87% upside for Genco Shipping & Trading Ltd from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Alliance Global Partners
B. Riley Securities
Jefferies
Stifel
BTIG
1calculated from analyst ratings
Analyst Ratings for Genco Shipping & Trading
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 07/01/2024 | Buy Now | 22.34% | Alliance Global Partners | Poe Fratt | $25 → $27 | Maintains | Buy | Get Alert |
| 05/10/2024 | Buy Now | 35.93% | B. Riley Securities | Liam Burke | $27 → $30 | Maintains | Buy | Get Alert |
| 05/09/2024 | Buy Now | 22.34% | Jefferies | Omar Nokta | $26 → $27 | Maintains | Buy | Get Alert |
| 04/19/2024 | Buy Now | 4.21% | Stifel | Benjamin Nolan | $22 → $23 | Maintains | Buy | Get Alert |
| 01/05/2024 | Buy Now | — | BTIG | Gregory Lewis | — | Downgrade | Buy → Neutral | Get Alert |
| 11/30/2023 | Buy Now | -9.38% | Jefferies | Omar Nokta | $18 → $20 | Maintains | Buy | Get Alert |
| 10/19/2023 | Buy Now | -0.32% | Stifel | Benjamin Nolan | $23 → $22 | Maintains | Buy | Get Alert |
| 07/21/2023 | Buy Now | -9.38% | BTIG | Gregory Lewis | $22 → $20 | Maintains | Buy | Get Alert |
| 07/19/2023 | Buy Now | 4.21% | Stifel | Benjamin Nolan | $24 → $23 | Maintains | Buy | Get Alert |
| 06/06/2023 | Buy Now | -18.44% | Jefferies | Omar Nokta | $20 → $18 | Maintains | Buy | Get Alert |
| 04/25/2023 | Buy Now | 8.74% | Stifel | Benjamin Nolan | $23 → $24 | Maintains | Buy | Get Alert |
| 02/23/2023 | Buy Now | -0.32% | BTIG | Gregory Lewis | $22 → $22 | Maintains | Buy | Get Alert |
| 02/23/2023 | Buy Now | -9.38% | Jefferies | Omar Nokta | → $20 | Reiterates | → Buy | Get Alert |
| 11/10/2022 | Buy Now | -0.32% | BTIG | Gregory Lewis | $28 → $22 | Maintains | Buy | Get Alert |
| 10/10/2022 | Buy Now | 22.34% | B. Riley Securities | Liam Burke | $31 → $27 | Maintains | Buy | Get Alert |
| 09/30/2022 | Buy Now | -9.38% | Stifel | Benjamin Nolan | → $20 | Initiates | → Buy | Get Alert |
| 09/26/2022 | Buy Now | -9.38% | Jefferies | Omar Nokta | $25 → $20 | Maintains | Buy | Get Alert |
| 08/03/2022 | Buy Now | 31.4% | Alliance Global Partners | Poe Fratt | → $29 | Initiates | → Buy | Get Alert |
| 07/21/2022 | Buy Now | 13.28% | Jefferies | Omar Nokta | → $25 | Initiates | → Buy | Get Alert |
| 05/06/2022 | Buy Now | 26.87% | BTIG | Gregory Lewis | → $28 | Maintains | Buy | Get Alert |
| 05/05/2022 | Buy Now | 31.4% | Jefferies | Randy Giveans | $27 → $29 | Maintains | Buy | Get Alert |
| 02/24/2022 | Buy Now | 17.81% | BTIG | Gregory Lewis | → $26 | Maintains | Buy | Get Alert |
| 02/24/2022 | Buy Now | 17.81% | Jefferies | Randy Giveans | $25 → $26 | Maintains | Buy | Get Alert |
| 09/13/2021 | Buy Now | — | BTIG | Gregory Lewis | — | Initiates | → Buy | Get Alert |
| 09/13/2021 | Buy Now | 35.93% | HC Wainwright & Co. | Magnus Fyhr | — | Initiates | → Buy | Get Alert |
FAQ
What is the target price for Genco Shipping & Trading (GNK) stock?
The latest price target for Genco Shipping & Trading (NYSE:GNK) was reported by Alliance Global Partners on July 1, 2024. The analyst firm set a price target for $27.00 expecting GNK to rise to within 12 months (a possible 22.34% 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 Alliance Global Partners, and Genco Shipping & Trading maintained their buy rating.
When was the last upgrade for Genco Shipping & Trading (GNK)?
There is no last upgrade for Genco Shipping & Trading
When was the last downgrade for Genco Shipping & Trading (GNK)?
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.
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 1, 2024 so you should expect the next rating to be made available sometime around July 1, 2025.
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 $25.00 to $27.00. The current price Genco Shipping & Trading (GNK) is trading at is $22.07, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.