Comments
Loading...

Genco Shipping & Trading

GNKNYSE
Logo brought to you by Benzinga Data
$17.84
-0.22-1.22%
At Close: -
$18.08
0.241.36%
After Hours: Oct 11, 6:54 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$30.00
Lowest Price Target1
$22.00
Consensus Price Target1
$26.33

Genco Shipping & Trading (NYSE:GNK) Stock, Analyst Ratings, Price Targets, Forecasts

Genco Shipping & Trading Ltd has a consensus price target of $26.33 based on the ratings of 7 analysts. The high is $30 issued by B. Riley Securities on May 10, 2024. The low is $22 issued by Deutsche Bank on September 4, 2024. The 3 most-recent analyst ratings were released by Deutsche Bank, Alliance Global Partners, and B. Riley Securities on September 4, 2024, July 1, 2024, and May 10, 2024, respectively. With an average price target of $26.33 between Deutsche Bank, Alliance Global Partners, and B. Riley Securities, there's an implied 45.62% upside for Genco Shipping & Trading Ltd from these most-recent analyst ratings.

Analyst Trends and Forecast
0
0
0
0
Apr
0
0
0
0
May
0
0
0
0
Jul
0
0
0
0
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Deutsche Bank
Alliance Global Partners
B. Riley Securities
Jefferies
Stifel

1calculated from analyst ratings

Analyst Ratings for Genco Shipping & Trading

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Genco Shipping & Trading (GNK) stock?

A

The latest price target for Genco Shipping & Trading (NYSE:GNK) was reported by Deutsche Bank on September 4, 2024. The analyst firm set a price target for $22.00 expecting GNK to rise to within 12 months (a possible 21.66% upside). 8 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Genco Shipping & Trading (GNK)?

A

The latest analyst rating for Genco Shipping & Trading (NYSE:GNK) was provided by Deutsche Bank, and Genco Shipping & Trading initiated their buy rating.

Q

When was the last upgrade for Genco Shipping & Trading (GNK)?

A

There is no last upgrade for Genco Shipping & Trading

Q

When was the last downgrade for Genco Shipping & Trading (GNK)?

A

The last downgrade for Genco Shipping & Trading Ltd happened on January 5, 2024 when BTIG changed their price target from N/A to N/A for Genco Shipping & Trading Ltd.

Q

When is the next analyst rating going to be posted or updated for Genco Shipping & Trading (GNK)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Genco Shipping & Trading, 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 Genco Shipping & Trading was filed on September 4, 2024 so you should expect the next rating to be made available sometime around September 4, 2025.

Q

Is the Analyst Rating Genco Shipping & Trading (GNK) correct?

A

While ratings are subjective and will change, the latest Genco Shipping & Trading (GNK) rating was a initiated with a price target of $0.00 to $22.00. The current price Genco Shipping & Trading (GNK) is trading at is $18.08, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch