Ardmore Shipping Corp has a consensus price target of $14.88, established from looking at the 13 latest analyst ratings. The last 3 analyst ratings were released from Stifel, Stifel, and Jefferies on April 19, 2024, February 16, 2024, and February 15, 2024. With an average price target of $21 between Stifel, Stifel, and Jefferies, there's an implied 25.38% upside for Ardmore Shipping Corp from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/19/2024 | ASC | Buy Now | Ardmore Shipping | $16.75 | 31.35% | Stifel | Benjamin Nolan | $21 → $22 | Maintains | Buy | Get Alert |
02/16/2024 | ASC | Buy Now | Ardmore Shipping | $16.75 | 25.38% | Stifel | Benjamin Nolan | $20 → $21 | Maintains | Buy | Get Alert |
02/15/2024 | ASC | Buy Now | Ardmore Shipping | $16.75 | 19.41% | Jefferies | Omar Nokta | → $20 | Reiterates | Buy → Buy | Get Alert |
08/01/2023 | ASC | Buy Now | Ardmore Shipping | $16.75 | 7.47% | Jefferies | Omar Nokta | $16 → $18 | Reiterates | Buy → Buy | Get Alert |
07/19/2023 | ASC | Buy Now | Ardmore Shipping | $16.75 | 13.44% | Stifel | Benjamin Nolan | $24 → $19 | Maintains | Buy | Get Alert |
05/09/2023 | ASC | Buy Now | Ardmore Shipping | $16.75 | 1.5% | Jefferies | Omar Nokta | $20 → $17 | Maintains | Buy | Get Alert |
04/25/2023 | ASC | Buy Now | Ardmore Shipping | $16.75 | 43.29% | Stifel | Benjamin Nolan | $21 → $24 | Maintains | Buy | Get Alert |
02/15/2023 | ASC | Buy Now | Ardmore Shipping | $16.75 | 19.41% | Jefferies | Omar Nokta | $17 → $20 | Maintains | Buy | Get Alert |
11/29/2022 | ASC | Buy Now | Ardmore Shipping | $16.75 | 1.5% | Jefferies | Omar Nokta | $16 → $17 | Maintains | Buy | Get Alert |
11/02/2022 | ASC | Buy Now | Ardmore Shipping | $16.75 | -4.47% | Jefferies | Omar Nokta | $13.4 → $16 | Maintains | Buy | Get Alert |
10/14/2022 | ASC | Buy Now | Ardmore Shipping | $16.75 | -34.32% | Stifel | Benjamin Nolan | $9 → $11 | Maintains | Buy | Get Alert |
05/05/2022 | ASC | Buy Now | Ardmore Shipping | $16.75 | -46.27% | Jefferies | Christopher Robertson | $7.5 → $9 | Maintains | Buy | Get Alert |
04/22/2022 | ASC | Buy Now | Ardmore Shipping | $16.75 | -49.25% | HC Wainwright & Co. | Magnus Fyhr | $5.5 → $8.5 | Maintains | Buy | Get Alert |
The latest price target for Ardmore Shipping (NYSE: ASC) was reported by Stifel on April 19, 2024. The analyst firm set a price target for $22.00 expecting ASC to rise to within 12 months (a possible 31.35% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Ardmore Shipping (NYSE: ASC) was provided by Stifel, and Ardmore Shipping maintained their buy rating.
There is no last upgrade for Ardmore Shipping.
There is no last downgrade for Ardmore Shipping.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ardmore Shipping, 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 Ardmore Shipping was filed on April 19, 2024 so you should expect the next rating to be made available sometime around April 19, 2025.
While ratings are subjective and will change, the latest Ardmore Shipping (ASC) rating was a maintained with a price target of $21.00 to $22.00. The current price Ardmore Shipping (ASC) is trading at is $16.75, which is out of the analyst’s predicted range.
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