Ardmore Shipping Corporation – Consensus Indicates Potential 58.0% Upside

Broker Ratings

Ardmore Shipping Corporation with ticker code (ASC) now have 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 6.5 and 5 calculating the average target price we see 5.8. With the stocks previous close at 3.67 this is indicating there is a potential upside of 58.0%. The 50 day MA is 3.39 while the 200 day moving average is 4.06. The company has a market capitalisation of $121m. Visit the company website at: http://ardmoreshipping.com

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.

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