Ardmore Shipping Corporation – Consensus Indicates Potential 42.5% Upside

Broker Ratings

Ardmore Shipping Corporation with ticker code (ASC) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 7 and 4.1 with a mean TP of 5.93. Now with the previous closing price of 4.16 this now indicates there is a potential upside of 42.5%. The 50 day moving average now sits at 3.56 and the 200 day MA is 3.81. The company has a market cap of $146m. You can visit the company’s website by visiting:

The potential market cap would be $208m based on the market concensus.

You can now share this on Stocktwits, just click the logo below and add the ticker in the text to be seen.

Share on Stocktwits

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2021, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.

You might also enjoy reading  Ardmore Shipping Corporation - Consensus Indicates Potential 8.6% Upside

Good news travels fast (but only if you make that happen). Share on:

Share on twitter
Share on linkedin
Share on facebook
Share on email
Share on reddit

AIM All Share Index