Nordic American Tankers Limited with ticker code (NAT) now have 8 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 11 and 3.5 calculating the average target price we see 6.25. Now with the previous closing price of 4.05 this is indicating there is a potential upside of 54.3%. The 50 day moving average now sits at 4.51 while the 200 day moving average is 4.21. The company has a market cap of $624m. Company Website: http://www.nat.bm
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.