Euronav NV (EURN) Receives Price Target

Euronav NV (EURN) has been rated by 5 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $14 and the lowest price target forecast is $9. The average forecast of all the analysts is $10.9 and the expected standard deviation is $2.43.

Euronav NV (EURN) : The consensus on Euronav NV (EURN) based on 7 analyst recommendation on the company stock is 2.14, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.


Also, Morgan Stanley downgrades their rating on the shares of Euronav NV (NYSE:EURN). The current rating of the shares is Equal-weight. Earlier, the shares were rated a Overweight by the brokerage firm. The rating by the firm was issued on August 25, 2016.

Euronav NV (NYSE:EURN): The stock opened at $8.86 on Thursday but the bulls could not build on the opening and the stock topped out at $8.87 for the day. The stock traded down to $8.66 during the day, due to lack of any buying support eventually closed down at $8.77 with a loss of -0.68% for the day. The stock had closed at $8.83 on the previous day. The total traded volume was 412,484 shares.

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