Home » USA Broker Ratings » Ardmore Shipping Corporation – Consensus Indicates Potential 53.1% Upside

Ardmore Shipping Corporation – Consensus Indicates Potential 53.1% Upside

Ardmore Shipping Corporation with ticker code (ASC) now have 7 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 11 and 8 calculating the mean target price we have 9.74. Given that the stocks previous close was at 6.36 this would indicate that there is a potential upside of 53.1%. There is a 50 day moving average of 5.32 and the 200 day MA is 6.84. The company has a market cap of $227m. Find out more information at: http://ardmoreshipping.com

Ardmore Shipping Corporation, together with its subsidiaries, engages in the seaborne transportation of petroleum products and chemicals worldwide. As of August 30, 2019, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, and chemical companies. The company was founded in 2010 and is based in Pembroke, Bermuda.

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