Ship Finance International Limited (NYSE:SFL) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.33 by 3 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 2 Brokerage Firms have advised hold.
Ship Finance International Limited (NYSE:SFL): 3 analysts have set the short term price target of Ship Finance International Limited (NYSE:SFL) at $16.33. The standard deviation of short term price target has been estimated at $3.51, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 20 and $13 respectively.
Ship Finance International Limited (NYSE:SFL) witnessed a decline in the market cap on Tuesday as its shares dropped 2.38% or 0.36 points. After the session commenced at $15.1, the stock reached the higher end at $15.1201 while it hit a low of $14.74. With the volume soaring to 906,584 shares, the last trade was called at $14.77. The company has a 52-week high of $17.8. The company has a market cap of $1,381 million and there are 93,468,000 shares in outstanding. The 52-week low of the share price is $9.83.
Shares of Ship Finance International Limited appreciated by 0.07% during the last five trading days but lost 2.9% on a 4-week basis. Ship Finance International Limited is up 11.32% in the last 3-month period. Year-to-Date the stock performance stands at -5.33%.
Ship Finance International Limited is an international ship owning and chartering company. The Company is engaged primarily in the ownership and operation of vessels and offshore related assets, and also involved in the charter, purchase and sale of assets. The Company operates through subsidiaries, partnerships and branches located in Bermuda, Cyprus, Malta, Liberia, Norway, Singapore, the United Kingdom and the Marshall Islands. The Companys assets consist of approximately 19 oil tankers, 14 drybulk carriers, 17 container vessels, two car carriers, two jack-up drilling rigs, three ultra-deepwater drilling units, six offshore supply vessels and two chemical tankers. The Companys oil tankers and chemical tankers are all double-hull vessels. Some of its customers include Frontline, Seadrill, NADL, Sinochem Shipping Co. Ltd., China National Chartering Co Ltd, Heung-A Shipping Co. Ltd., Hyundai Glovis Co. Ltd., Western Bulk A/S, Hamburg Sud Group and Hanjin Shipping.