TipRanksStock Market NewsDHT NewsH.C. Wainwright Remains a Buy on DHT Holdings (DHT)

H.C. Wainwright Remains a Buy on DHT Holdings (DHT)

H.C. Wainwright analyst Magnus Fyhr maintained a Buy rating on DHT Holdings (DHTResearch Report) today and set a price target of $8.00. The company’s shares closed last Tuesday at $5.45.

According to TipRanks.com, Fyhr has 0 stars on 0-5 stars ranking scale with an average return of -5.8% and a 34.8% success rate. Fyhr covers the Industrial Goods sector, focusing on stocks such as Nordic American Tanker, International Seaways, and Performance Shipping.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for DHT Holdings with a $7.65 average price target, a 46.0% upside from current levels. In a report issued on February 1, Cleaves Securities also maintained a Buy rating on the stock with a $7.30 price target.

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The company has a one-year high of $7.19 and a one-year low of $4.55. Currently, DHT Holdings has an average volume of 1.72M.

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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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