$35.11
-1.33-3.65%
At Close: -
$34.78
-0.33-0.94%
After Hours: Sep 20, 9:27 AM EDT
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TORM (NASDAQ:TRMD) Stock, Analyst Ratings, Price Targets, Forecasts
TORM PLC has a consensus price target of $32 based on the ratings of 2 analysts. The high is $48 issued by Evercore ISI Group on July 23, 2024. The low is $16 issued by HC Wainwright & Co. on May 12, 2022. The 3 most-recent analyst ratings were released by Evercore ISI Group, Evercore ISI Group, and HC Wainwright & Co. on July 23, 2024, March 8, 2024, and May 12, 2022, respectively. With an average price target of $36 between Evercore ISI Group, Evercore ISI Group, and HC Wainwright & Co., there's an implied 3.51% upside for TORM PLC from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Evercore ISI Group
HC Wainwright & Co.
1calculated from analyst ratings
Analyst Ratings for TORM
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FAQ
What is the target price for TORM (TRMD) stock?
The latest price target for TORM (NASDAQ:TRMD) was reported by Evercore ISI Group on July 23, 2024. The analyst firm set a price target for $48.00 expecting TRMD to rise to within 12 months (a possible 38.01% upside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for TORM (TRMD)?
The latest analyst rating for TORM (NASDAQ:TRMD) was provided by Evercore ISI Group, and TORM maintained their outperform rating.
When was the last upgrade for TORM (TRMD)?
There is no last upgrade for TORM
When was the last downgrade for TORM (TRMD)?
There is no last downgrade for TORM.
When is the next analyst rating going to be posted or updated for TORM (TRMD)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of TORM, 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 TORM was filed on July 23, 2024 so you should expect the next rating to be made available sometime around July 23, 2025.
Is the Analyst Rating TORM (TRMD) correct?
While ratings are subjective and will change, the latest TORM (TRMD) rating was a maintained with a price target of $45.00 to $48.00. The current price TORM (TRMD) is trading at is $34.78, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.