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Scorpio Tankers Inc has a consensus price target of $63.18 based on the ratings of 11 analysts. The high is $86 issued by JP Morgan on February 1, 2024. The low is $29 issued by Jefferies on April 28, 2022. The 3 most-recent analyst ratings were released by Jefferies, Evercore ISI Group, and Jefferies on November 14, 2024, October 30, 2024, and October 29, 2024, respectively. With an average price target of $83.33 between Jefferies, Evercore ISI Group, and Jefferies, there's an implied 58.70% upside for Scorpio Tankers Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Scorpio Tankers (NYSE:STNG) was reported by Jefferies on November 14, 2024. The analyst firm set a price target for $80.00 expecting STNG to rise to within 12 months (a possible 52.35% upside). 15 analyst firms have reported ratings in the last year.
The latest analyst rating for Scorpio Tankers (NYSE:STNG) was provided by Jefferies, and Scorpio Tankers maintained their buy rating.
The last upgrade for Scorpio Tankers Inc happened on June 30, 2023 when Deutsche Bank raised their price target to $55. Deutsche Bank previously had a hold for Scorpio Tankers Inc.
The last downgrade for Scorpio Tankers Inc happened on October 23, 2024 when Stifel changed their price target from $90 to $65 for Scorpio Tankers Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Scorpio 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 Scorpio Tankers was filed on November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.
While ratings are subjective and will change, the latest Scorpio Tankers (STNG) rating was a maintained with a price target of $90.00 to $80.00. The current price Scorpio Tankers (STNG) is trading at is $52.51, which is out of the analyst’s predicted range.
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