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Nordic American Tankers
NATNYSE
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Nordic American Tankers (NYSE:NAT) Stock, Analyst Ratings, Price Targets, Forecasts
Nordic American Tankers Ltd has a consensus price target of $4.44 based on the ratings of 4 analysts. The high is $6 issued by B. Riley Securities on August 29, 2023. The low is $2.25 issued by Jefferies on November 26, 2021. The 3 most-recent analyst ratings were released by Jefferies, Evercore ISI Group, and Jefferies on May 29, 2024, February 29, 2024, and February 29, 2024, respectively. With an average price target of $5 between Jefferies, Evercore ISI Group, and Jefferies, there's an implied 28.21% upside for Nordic American Tankers Ltd from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Jefferies
Evercore ISI Group
B. Riley Securities
Jefferies
1calculated from analyst ratings
Analyst Ratings for Nordic American Tankers
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/29/2024 | Buy Now | 28.21% | Jefferies | Omar Nokta | $5.5 → $5 | Maintains | Buy | Get Alert |
| 02/29/2024 | Buy Now | 15.38% | Evercore ISI Group | Jonathan Chappell | $5 → $4.5 | Maintains | In-Line | Get Alert |
| 02/29/2024 | Buy Now | 41.03% | Jefferies | Omar Nokta | → $5.5 | Reiterates | Buy → Buy | Get Alert |
| 08/29/2023 | Buy Now | 53.85% | B. Riley Securities | Liam Burke | $5.5 → $6 | Maintains | Buy | Get Alert |
| 05/22/2023 | Buy Now | 28.21% | Jefferies | Omar Nokta | → $5 | Reiterates | Buy → Buy | Get Alert |
| 02/28/2023 | Buy Now | 41.03% | B. Riley Securities | Liam Burke | $5 → $5.5 | Maintains | Buy | Get Alert |
| 02/27/2023 | Buy Now | 28.21% | Jefferies | Omar Nokta | $4.5 → $5 | Maintains | Buy | Get Alert |
| 11/29/2022 | Buy Now | 15.38% | Jefferies | Omar Nokta | $4 → $4.5 | Maintains | Buy | Get Alert |
| 09/06/2022 | Buy Now | 2.56% | Jefferies | Omar Nokta | $3 → $4 | Upgrade | Hold → Buy | Get Alert |
| 11/26/2021 | Buy Now | -42.31% | Jefferies | Randy Giveans | — | Maintains | Hold | Get Alert |
| 11/24/2021 | Buy Now | -42.31% | Jefferies | Randy Giveans | — | Maintains | Hold | Get Alert |
| 08/31/2021 | Buy Now | 28.21% | B. Riley Securities | Liam Burke | — | Maintains | Buy | Get Alert |
FAQ
What is the target price for Nordic American Tankers (NAT) stock?
The latest price target for Nordic American Tankers (NYSE:NAT) was reported by Jefferies on May 29, 2024. The analyst firm set a price target for $5.00 expecting NAT to rise to within 12 months (a possible 28.21% upside). 4 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Nordic American Tankers (NAT)?
The latest analyst rating for Nordic American Tankers (NYSE:NAT) was provided by Jefferies, and Nordic American Tankers maintained their buy rating.
When was the last upgrade for Nordic American Tankers (NAT)?
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.
When was the last downgrade for Nordic American Tankers (NAT)?
There is no last downgrade for Nordic American Tankers.
When is the next analyst rating going to be posted or updated for Nordic American Tankers (NAT)?
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 May 29, 2024 so you should expect the next rating to be made available sometime around May 29, 2025.
Is the Analyst Rating Nordic American Tankers (NAT) correct?
While ratings are subjective and will change, the latest Nordic American Tankers (NAT) rating was a maintained with a price target of $5.50 to $5.00. The current price Nordic American Tankers (NAT) is trading at is $3.90, which is out of the analyst’s predicted range.
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