DHT Holdings (DHT) has an average broker rating of 2, which is interpreted as a Buy, as rated by 6 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 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 3, which is also a Hold.
DHT Holdings (DHT) stock is expected to deviate a maximum of $2.09 from the average target price of $6.5 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $10 and the most muted being $5.
Also, In the latest statement by the brokerage house, Morgan Stanley downgrades its outlook on DHT Holdings (NYSE:DHT). The current rating of the shares is Equal-weight, according to the research report released by the firm. Previously, the company had a rating of Overweight. The rating by the firm was issued on August 25, 2016.
DHT Holdings (NYSE:DHT): The stock opened in the green at $4.09 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $4.14 and a low of $4.03 for the day. The stock did not find buyers even at the lows and closed at $4.03 recording a loss of -1.23%. 3,093,549 shares exchanged hands during the trading day. The stock had closed at $4.08 in the previous days trading.
DHT Holdings, Inc. (DHT) is engaged in the ownership and operation of a fleet of crude oil carriers. The Companys fleet consists of eighteen crude oil tankers in operation, of which all are wholly owned by the Company. The fleet in operation consists of 14 very large crude carriers (VLCCs), which are tankers ranging in size from 200,000 to 320,000 deadweight tons (dwt); two Suezmax tankers (Suezmaxes), which are tankers ranging in size from 130,000 to 170,000 dwt, and two Aframax tankers (Aframaxes), which are tankers ranging in size from 80,000 to 120,000 dwt. Nine of its eighteen vessels in operation are on charters for periods of up to six and half years, of which eight vessels are on fixed rate charter and one vessel is on a charter with earnings related to an index.