Ardmore Shipping
(NYSE:ASC)
$16.749
0.129[0.78%]
At close: Apr 26
$16.749
0[0.00%]
After Hours: 4:34PM EDT
Q1 2024 Earnings in 12 days from now on Wed May 8th, before the market open
Consensus Rating1
Buy
Highest Price Target1
$22.00
Lowest Price Target1
$8.50
Consensus Price Target1
$14.88

Ardmore Shipping Stock (NYSE:ASC), Analyst Ratings, Price Targets, Predictions

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.

Analyst Trend
2
Feb
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Stifel
Jefferies
Jefferies
HC Wainwright & Co.

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Ardmore Shipping

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Buy Now
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Get Alert
04/19/2024ASCBuy Now
Ardmore Shipping
$16.7531.35%Stifel
Benjamin Nolan
$21 → $22MaintainsBuyGet Alert
02/16/2024ASCBuy Now
Ardmore Shipping
$16.7525.38%Stifel
Benjamin Nolan
$20 → $21MaintainsBuyGet Alert
02/15/2024ASCBuy Now
Ardmore Shipping
$16.7519.41%Jefferies
Omar Nokta
→ $20ReiteratesBuy → BuyGet Alert
08/01/2023ASCBuy Now
Ardmore Shipping
$16.757.47%Jefferies
Omar Nokta
$16 → $18ReiteratesBuy → BuyGet Alert
07/19/2023ASCBuy Now
Ardmore Shipping
$16.7513.44%Stifel
Benjamin Nolan
$24 → $19MaintainsBuyGet Alert
05/09/2023ASCBuy Now
Ardmore Shipping
$16.751.5%Jefferies
Omar Nokta
$20 → $17MaintainsBuyGet Alert
04/25/2023ASCBuy Now
Ardmore Shipping
$16.7543.29%Stifel
Benjamin Nolan
$21 → $24MaintainsBuyGet Alert
02/15/2023ASCBuy Now
Ardmore Shipping
$16.7519.41%Jefferies
Omar Nokta
$17 → $20MaintainsBuyGet Alert
11/29/2022ASCBuy Now
Ardmore Shipping
$16.751.5%Jefferies
Omar Nokta
$16 → $17MaintainsBuyGet Alert
11/02/2022ASCBuy Now
Ardmore Shipping
$16.75-4.47%Jefferies
Omar Nokta
$13.4 → $16MaintainsBuyGet Alert
10/14/2022ASCBuy Now
Ardmore Shipping
$16.75-34.32%Stifel
Benjamin Nolan
$9 → $11MaintainsBuyGet Alert
05/05/2022ASCBuy Now
Ardmore Shipping
$16.75-46.27%Jefferies
Christopher Robertson
$7.5 → $9MaintainsBuyGet Alert
04/22/2022ASCBuy Now
Ardmore Shipping
$16.75-49.25%HC Wainwright & Co.
Magnus Fyhr
$5.5 → $8.5MaintainsBuyGet Alert

FAQ

Q

What is the target price for Ardmore Shipping (ASC)?

A

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.

Q

What is the most recent analyst rating for Ardmore Shipping (ASC)?

A

The latest analyst rating for Ardmore Shipping (NYSE: ASC) was provided by Stifel, and Ardmore Shipping maintained their buy rating.

Q

When was the last upgrade for Ardmore Shipping (ASC)?

A

There is no last upgrade for Ardmore Shipping.

Q

When was the last downgrade for Ardmore Shipping (ASC)?

A

There is no last downgrade for Ardmore Shipping.

Q

When is the next analyst rating going to be posted or updated for Ardmore Shipping (ASC)?

A

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.

Q

Is the Analyst Rating Ardmore Shipping (ASC) correct?

A

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.

Browse analyst ratings and price targets on all stocks.

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