$3.81
0.05[1.33%]
At close: Apr 23
$3.81
0[0.00%]
After Hours: 7:46PM EDT
Nordic American Tankers
(NYSE:NAT)Nordic American Tankers Stock (NYSE:NAT), Analyst Ratings, Price Targets, Predictions
Nordic American Tankers Ltd has a consensus price target of $4.56, established from looking at the 12 latest analyst ratings. The last 3 analyst ratings were released from Evercore ISI Group, Jefferies, and B. Riley Securities on February 29, 2024, February 29, 2024, and August 29, 2023. With an average price target of $5.33 between Evercore ISI Group, Jefferies, and B. Riley Securities, there's an implied 39.98% upside for Nordic American Tankers Ltd from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Evercore ISI Group
Jefferies
B. Riley Securities
Jefferies
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Nordic American Tankers
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 02/29/2024 | NAT | Buy Now | Nordic American Tankers | $3.81 | 18.11% | Evercore ISI Group | Jonathan Chappell | $5 → $4.5 | Maintains | In-Line | Get Alert |
| 02/29/2024 | NAT | Buy Now | Nordic American Tankers | $3.81 | 44.36% | Jefferies | Omar Nokta | → $5.5 | Reiterates | Buy → Buy | Get Alert |
| 08/29/2023 | NAT | Buy Now | Nordic American Tankers | $3.81 | 57.48% | B. Riley Securities | Liam Burke | $5.5 → $6 | Maintains | Buy | Get Alert |
| 05/22/2023 | NAT | Buy Now | Nordic American Tankers | $3.81 | 31.23% | Jefferies | Omar Nokta | → $5 | Reiterates | Buy → Buy | Get Alert |
| 02/28/2023 | NAT | Buy Now | Nordic American Tankers | $3.81 | 44.36% | B. Riley Securities | Liam Burke | $5 → $5.5 | Maintains | Buy | Get Alert |
| 02/27/2023 | NAT | Buy Now | Nordic American Tankers | $3.81 | 31.23% | Jefferies | Omar Nokta | $4.5 → $5 | Maintains | Buy | Get Alert |
| 11/29/2022 | NAT | Buy Now | Nordic American Tankers | $3.81 | 18.11% | Jefferies | Omar Nokta | $4 → $4.5 | Maintains | Buy | Get Alert |
| 09/06/2022 | NAT | Buy Now | Nordic American Tankers | $3.81 | 4.99% | Jefferies | Omar Nokta | $3 → $4 | Upgrade | Hold → Buy | Get Alert |
| 11/26/2021 | NAT | Buy Now | Nordic American Tankers | $3.81 | -40.94% | Jefferies | Randy Giveans | — | Maintains | Hold | Get Alert |
| 11/24/2021 | NAT | Buy Now | Nordic American Tankers | $3.81 | -40.94% | Jefferies | Randy Giveans | — | Maintains | Hold | Get Alert |
| 08/31/2021 | NAT | Buy Now | Nordic American Tankers | $3.81 | 31.23% | B. Riley Securities | Liam Burke | — | Maintains | Buy | Get Alert |
| 05/25/2021 | NAT | Buy Now | Nordic American Tankers | $3.81 | 4.99% | Evercore ISI Group | Jonathan Chappell | — | Upgrade | Underperform → In-Line | Get Alert |
FAQ
What is the target price for Nordic American Tankers (NAT)?
The latest price target for Nordic American Tankers (NYSE: NAT) was reported by Evercore ISI Group on February 29, 2024. The analyst firm set a price target for $4.50 expecting NAT to rise to within 12 months (a possible 18.11% 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 Evercore ISI Group, and Nordic American Tankers maintained their in-line 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 February 29, 2024 so you should expect the next rating to be made available sometime around February 28, 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 $5.00 to $4.50. The current price Nordic American Tankers (NAT) is trading at is $3.81, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.