Ardmore Shipping Corporation – Consensus Indicates Potential 6.8% Upside

Broker Ratings

Ardmore Shipping Corporation found using ticker (ASC) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 23 and 14 and has a mean target at 19.5. Now with the previous closing price of 18.26 this would indicate that there is a potential upside of 6.8%. There is a 50 day moving average of 15.05 while the 200 day moving average is 11.18. The market cap for the company is $745m. Visit the company website at:

The potential market cap would be $796m based on the market concensus.

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Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, 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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