Genco Shipping & Trading Limited (GNK)
(Delayed Data from NYSE)
$17.97 USD
-0.20 (-1.10%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $18.00 +0.03 (0.17%) 7:58 PM ET
4-Sell of 5 4
B Value B Growth D Momentum B VGM
Genco Shipping & Trading (GNK) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$25.88 | $30.00 | $21.00 | 42.43% |
Price Target
Based on short-term price targets offered by eight analysts, the average price target for Genco Shipping & Trading comes to $25.88. The forecasts range from a low of $21.00 to a high of $30.00. The average price target represents an increase of 42.43% from the last closing price of $18.17.
Analyst Price Targets (8 )
Broker Rating
Genco Shipping & Trading currently has an average brokerage recommendation (ABR) of 1.44 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by nine brokerage firms. The current ABR compares to an ABR of 1.57 a month ago based on seven recommendations.
Of the nine recommendations deriving the current ABR, seven are Strong Buy, representing 77.78% of all recommendations. A month ago, Strong Buy represented 71.43%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 7 | 7 | 5 | 5 | 4 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 2 | 2 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.44 | 1.44 | 1.57 | 1.57 | 1.67 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/2/2024 | BTIG | Gregory Lewis | Hold | Hold |
7/23/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/1/2024 | Alliance Global Partners | Poe Fratt | Not Available | Strong Buy |
5/29/2024 | Clarksons Platou Securities | Frode Morkedal | Not Available | Strong Buy |
5/10/2024 | B. Riley Securities | Liam D Burke | Strong Buy | Strong Buy |
5/9/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
4/8/2024 | Not Identified | Not Identified | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.44 |
ABR (Last week) | 1.44 |
# of Recs in ABR | 9 |
Average Target Price | $25.88 |
LT Growth Rate | 33.40% |
Industry | Transportation - Shipping |
Industry Rank by ABR | 89 of 253 |
Current Quarter EPS Est: | 0.43 |
GNK FAQs
Genco Shipping & Trading Limited (GNK) currently has an average brokerage recommendation (ABR) of 1.44 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 9 brokerage firms.
The average price target for Genco Shipping & Trading Limited (GNK) is $25.88. The current on short-term price targets is based on 2 reports.
The forecasts for Genco Shipping & Trading Limited (GNK) range from a low of $21 to a high of $30. The average price target represents a increase of $44.02 from the last closing price of $17.97.
The current UPSIDE for Genco Shipping & Trading Limited (GNK) is 44.02%
Based on short-term price targets offered by eight analysts, the average price target for Genco Shipping & Trading comes to $25.88. The forecasts range from a low of $21.00 to a high of $30.00. The average price target represents an increase of 42.43% from the last closing price of $18.17.