$13.97
-1.02-6.80%
At close: -
$14.15
0.181.29%
After Hours: Apr 4, 7:52 PM EDT
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TORM Analyst Ratings and Price Targets | NASDAQ:TRMD | Benzinga
TORM PLC has a consensus price target of $32 based on the ratings of 3 analysts. The high is $48 issued by Evercore ISI Group on July 23, 2024. The low is $16 issued by HC Wainwright & Co. on May 12, 2022. The 3 most-recent analyst ratings were released by Jefferies, Evercore ISI Group, and Evercore ISI Group on November 14, 2024, July 23, 2024, and March 8, 2024, respectively. With an average price target of $41.33 between Jefferies, Evercore ISI Group, and Evercore ISI Group, there's an implied 192.11% upside for TORM PLC from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Jefferies
Evercore ISI Group
HC Wainwright & Co.
1calculated from analyst ratings
Analyst Ratings for TORM
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 11/14/2024 | Buy Now | 126.15% | Jefferies | — | $37 → $32 | Maintains | Buy | Get Alert |
| 07/23/2024 | Buy Now | 239.22% | Evercore ISI Group | Jonathan Chappell60% | $45 → $48 | Maintains | Outperform | Get Alert |
| 03/08/2024 | Buy Now | 210.95% | Evercore ISI Group | Jonathan Chappell60% | $42 → $44 | Maintains | Outperform | Get Alert |
| 05/12/2022 | Buy Now | 13.07% | HC Wainwright & Co. | Magnus Fyhr69% | $14 → $16 | Maintains | Buy | Get Alert |
| 04/12/2022 | Buy Now | -1.06% | HC Wainwright & Co. | Magnus Fyhr69% | → $14 | Initiates | → Buy | Get Alert |
FAQ
What is the target price for TORM (TRMD) stock?
The latest price target for TORM (NASDAQ:TRMD) was reported by Jefferies on November 14, 2024. The analyst firm set a price target for $32.00 expecting TRMD to rise to within 12 months (a possible 126.15% upside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for TORM (TRMD)?
The latest analyst rating for TORM (NASDAQ:TRMD) was provided by Jefferies, and TORM maintained their buy rating.
When was the last upgrade for TORM (TRMD)?
There is no last upgrade for TORM
When was the last downgrade for TORM (TRMD)?
There is no last downgrade for TORM.
When is the next analyst rating going to be posted or updated for TORM (TRMD)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of TORM, 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 TORM was filed on November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.
Is the Analyst Rating TORM (TRMD) correct?
While ratings are subjective and will change, the latest TORM (TRMD) rating was a maintained with a price target of $37.00 to $32.00. The current price TORM (TRMD) is trading at is $14.15, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.