Analyst Rating Update on Ship Finance International Limited (SFL)

Ship Finance International Limited (NYSE:SFL) has an average broker rating of 3, which is interpreted as a Hold, as rated by 3 equity analysts. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell.

Ship Finance International Limited (NYSE:SFL) : The consensus price target for Ship Finance International Limited (NYSE:SFL) is $15 for the short term with a standard deviation of $1.73. The most optimist securities analyst among the 3 who monitor the stock believes that the stock can reach $16, however, the pessimist price target for the company is $13.

Company shares have received an average consensus rating of Hold for the current week

Ship Finance International Limited (NYSE:SFL): stock turned positive on Tuesday. Though the stock opened at $14.21, the bulls momentum made the stock top out at $14.32 level for the day. The stock recorded a low of $14.19 and closed the trading day at $14.28, in the green by 2.07%. The total traded volume for the day was 995,523. The stock had closed at $13.99 in the previous days trading.

Ship Finance International Limited is an international ship owning and chartering company. The Company is engaged primarily in the ownership and operation of vessels and offshore related assets, and also involved in the charter, purchase and sale of assets. The Company operates through subsidiaries, partnerships and branches located in Bermuda, Cyprus, Malta, Liberia, Norway, Singapore, the United Kingdom and the Marshall Islands. The Companys assets consist of approximately 19 oil tankers, 14 drybulk carriers, 17 container vessels, two car carriers, two jack-up drilling rigs, three ultra-deepwater drilling units, six offshore supply vessels and two chemical tankers. The Companys oil tankers and chemical tankers are all double-hull vessels. Some of its customers include Frontline, Seadrill, NADL, Sinochem Shipping Co. Ltd., China National Chartering Co Ltd, Heung-A Shipping Co. Ltd., Hyundai Glovis Co. Ltd., Western Bulk A/S, Hamburg Sud Group and Hanjin Shipping.

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