Nordic American Tankers
(NYSE:NAT)
$4.375
0.075[1.74%]
Last update: 10:26AM Get Real Time Here
Q1 2024 Earnings in 8 days from now on Wed May 29th, before the market open
Consensus Rating1
Buy
Highest Price Target1
$6.00
Lowest Price Target1
$2.25
Consensus Price Target1
$4.56

Nordic American Tankers Stock (NYSE:NAT), Analyst Ratings, Price Targets, Predictions

Nordic American Tankers Ltd has a consensus price target of $4.56, established from looking at the 12 latest analyst ratings. The last 3 analyst ratings were released from Evercore ISI Group, Jefferies, and B. Riley Securities on February 29, 2024, February 29, 2024, and August 29, 2023. With an average price target of $5.33 between Evercore ISI Group, Jefferies, and B. Riley Securities, there's an implied 24.03% upside for Nordic American Tankers Ltd from these 3 analyst ratings.

Analyst Trend
1
Feb
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Evercore ISI Group
Jefferies
B. Riley Securities
Jefferies

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Nordic American Tankers

Buy NowGet Alert
02/29/2024Buy Now4.65%Evercore ISI Group
Jonathan Chappell
$5 → $4.5MaintainsIn-LineGet Alert
02/29/2024Buy Now27.91%Jefferies
Omar Nokta
→ $5.5ReiteratesBuy → BuyGet Alert
08/29/2023Buy Now39.53%B. Riley Securities
Liam Burke
$5.5 → $6MaintainsBuyGet Alert
05/22/2023Buy Now16.28%Jefferies
Omar Nokta
→ $5ReiteratesBuy → BuyGet Alert
02/28/2023Buy Now27.91%B. Riley Securities
Liam Burke
$5 → $5.5MaintainsBuyGet Alert
02/27/2023Buy Now16.28%Jefferies
Omar Nokta
$4.5 → $5MaintainsBuyGet Alert
11/29/2022Buy Now4.65%Jefferies
Omar Nokta
$4 → $4.5MaintainsBuyGet Alert
09/06/2022Buy Now-6.98%Jefferies
Omar Nokta
$3 → $4UpgradeHold → BuyGet Alert
11/26/2021Buy Now-47.67%Jefferies
Randy Giveans
MaintainsHoldGet Alert
11/24/2021Buy Now-47.67%Jefferies
Randy Giveans
MaintainsHoldGet Alert
08/31/2021Buy Now16.28%B. Riley Securities
Liam Burke
MaintainsBuyGet Alert
05/25/2021Buy Now-6.98%Evercore ISI Group
Jonathan Chappell
UpgradeUnderperform → In-LineGet Alert

FAQ

Q

What is the target price for Nordic American Tankers (NAT)?

A

The latest price target for Nordic American Tankers (NYSE: NAT) was reported by Evercore ISI Group on February 29, 2024. The analyst firm set a price target for $4.50 expecting NAT to rise to within 12 months (a possible 2.86% upside). 4 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Nordic American Tankers (NAT)?

A

The latest analyst rating for Nordic American Tankers (NYSE: NAT) was provided by Evercore ISI Group, and Nordic American Tankers maintained their in-line rating.

Q

When was the last upgrade for Nordic American Tankers (NAT)?

A

The last upgrade for Nordic American Tankers Ltd happened on September 6, 2022 when Jefferies raised their price target to $4. Jefferies previously had a hold for Nordic American Tankers Ltd.

Q

When was the last downgrade for Nordic American Tankers (NAT)?

A

There is no last downgrade for Nordic American Tankers.

Q

When is the next analyst rating going to be posted or updated for Nordic American Tankers (NAT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nordic American Tankers, 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 Nordic American Tankers was filed on February 29, 2024 so you should expect the next rating to be made available sometime around February 28, 2025.

Q

Is the Analyst Rating Nordic American Tankers (NAT) correct?

A

While ratings are subjective and will change, the latest Nordic American Tankers (NAT) rating was a maintained with a price target of $5.00 to $4.50. The current price Nordic American Tankers (NAT) is trading at is $4.38, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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