Nordic American Tankers Limited – Consensus Indicates Potential 49.4% Upside

Broker Ratings

Nordic American Tankers Limited found using ticker (NAT) have now 7 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 11 and 2.4 and has a mean target at 4.96. Given that the stocks previous close was at 3.32 this now indicates there is a potential upside of 49.4%. The 50 day MA is 3.35 and the 200 day moving average is 3.3. The market capitalisation for the company is $511m. Company Website:

Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 23 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. Nordic American Tankers Limited was founded in 1995 and is based in Hamilton, Bermuda.

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