DHT Holdings (DHT) Gets a Buy from Cleaves Securities

Cleaves Securities analyst Peter Christensen maintained a Buy rating on DHT Holdings (DHTResearch Report) yesterday and set a price target of $9.50. The company’s shares closed last Friday at $7.83.

Christensen covers the Industrial Goods sector, focusing on stocks such as DHT Holdings, Frontline, and Nordic American Tanker. According to TipRanks, Christensen has an average return of 37.1% and an 84.72% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for DHT Holdings with a $9.02 average price target, a 15.20% upside from current levels. In a report released on August 11, Evercore ISI also maintained a Buy rating on the stock with a $9.00 price target.

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DHT market cap is currently $1.31B and has a P/E ratio of -41.60.

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DHT Holdings, Inc. is an independent crude oil tanker company. It fleet trades internationally and consists of crude oil tankers in the VLCC, Aframax and Suezmax segments. The company was founded on February 12, 2010 and is headquartered in Hamilton, Bermuda.

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