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Genco Shipping & Trading Analyst Ratings and Price Targets | NYSE:GNK | Benzinga
Genco Shipping & Trading Ltd has a consensus price target of $24 based on the ratings of 7 analysts. The high is $30 issued by B. Riley Securities on May 10, 2024. The low is $17 issued by Stifel on October 23, 2024. The 3 most-recent analyst ratings were released by Jefferies, Jefferies, and Stifel on February 20, 2025, November 7, 2024, and October 23, 2024, respectively. With an average price target of $20.33 between Jefferies, Jefferies, and Stifel, there's an implied 61.38% upside for Genco Shipping & Trading Ltd from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Jefferies
Stifel
Deutsche Bank
Alliance Global Partners
B. Riley Securities
1calculated from analyst ratings
Analyst Ratings for Genco Shipping & Trading
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 02/20/2025 | Buy Now | 50.79% | Jefferies | Omar Nokta55% | $20 → $19 | Maintains | Buy | Get Alert |
| 11/07/2024 | Buy Now | 98.41% | Jefferies | Omar Nokta55% | $25 → $25 | Maintains | Buy | Get Alert |
| 10/23/2024 | Buy Now | 34.92% | Stifel | Benjamin Nolan65% | $26 → $17 | Downgrade | Buy → Hold | Get Alert |
| 09/04/2024 | Buy Now | 74.6% | Deutsche Bank | Chris Robertson38% | → $22 | Initiates | → Buy | Get Alert |
| 07/01/2024 | Buy Now | 114.29% | Alliance Global Partners | Poe Fratt34% | $25 → $27 | Maintains | Buy | Get Alert |
| 05/10/2024 | Buy Now | 138.1% | B. Riley Securities | Liam Burke62% | $27 → $30 | Maintains | Buy | Get Alert |
| 05/09/2024 | Buy Now | 114.29% | Jefferies | Omar Nokta55% | $26 → $27 | Maintains | Buy | Get Alert |
| 04/19/2024 | Buy Now | 82.54% | Stifel | Benjamin Nolan65% | $22 → $23 | Maintains | Buy | Get Alert |
| 01/05/2024 | Buy Now | — | BTIG | Gregory Lewis69% | — | Downgrade | Buy → Neutral | Get Alert |
| 11/30/2023 | Buy Now | 58.73% | Jefferies | Omar Nokta55% | $18 → $20 | Maintains | Buy | Get Alert |
| 10/19/2023 | Buy Now | 74.6% | Stifel | Benjamin Nolan65% | $23 → $22 | Maintains | Buy | Get Alert |
| 07/21/2023 | Buy Now | 58.73% | BTIG | Gregory Lewis69% | $22 → $20 | Maintains | Buy | Get Alert |
| 07/19/2023 | Buy Now | 82.54% | Stifel | Benjamin Nolan65% | $24 → $23 | Maintains | Buy | Get Alert |
| 06/06/2023 | Buy Now | 42.86% | Jefferies | Omar Nokta55% | $20 → $18 | Maintains | Buy | Get Alert |
| 04/25/2023 | Buy Now | 90.48% | Stifel | Benjamin Nolan65% | $23 → $24 | Maintains | Buy | Get Alert |
| 02/23/2023 | Buy Now | 74.6% | BTIG | Gregory Lewis69% | $22 → $22 | Maintains | Buy | Get Alert |
| 02/23/2023 | Buy Now | 58.73% | Jefferies | Omar Nokta55% | → $20 | Reiterates | → Buy | Get Alert |
| 11/10/2022 | Buy Now | 74.6% | BTIG | Gregory Lewis69% | $28 → $22 | Maintains | Buy | Get Alert |
| 10/10/2022 | Buy Now | 114.29% | B. Riley Securities | Liam Burke62% | $31 → $27 | Maintains | Buy | Get Alert |
| 09/30/2022 | Buy Now | 58.73% | Stifel | Benjamin Nolan65% | → $20 | Initiates | → Buy | Get Alert |
| 09/26/2022 | Buy Now | 58.73% | Jefferies | Omar Nokta55% | $25 → $20 | Maintains | Buy | Get Alert |
| 08/03/2022 | Buy Now | 130.16% | Alliance Global Partners | Poe Fratt34% | → $29 | Initiates | → Buy | Get Alert |
| 07/21/2022 | Buy Now | 98.41% | Jefferies | Omar Nokta55% | → $25 | Initiates | → Buy | Get Alert |
| 05/06/2022 | Buy Now | 122.22% | BTIG | Gregory Lewis69% | → $28 | Maintains | Buy | Get Alert |
| 05/05/2022 | Buy Now | 130.16% | Jefferies | Randy Giveans74% | $27 → $29 | Maintains | 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 Jefferies on February 20, 2025. The analyst firm set a price target for $19.00 expecting GNK to rise to within 12 months (a possible 50.79% upside). 8 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 Jefferies, 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 October 23, 2024 when Stifel changed their price target from $26 to $17 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 February 20, 2025 so you should expect the next rating to be made available sometime around February 20, 2026.
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 $20.00 to $19.00. The current price Genco Shipping & Trading (GNK) is trading at is $12.60, which is out of the analyst’s predicted range.
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