Danske Bank initiated coverage on Ardmore Shipping Corporation ASC with a Buy rating.
The target price for Ardmore Shipping is set to $14.
Ardmore Shipping shares have dropped 23.29% over the past 52 weeks, while the S&P 500 index has surged 11.80% in the same period.
Ardmore Shipping shares fell 0.38% to close at $10.44 yesterday.
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