DHT (NYSE:DHT) was downgraded by research analysts at Pareto Securities from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.
Several other research firms have also recently commented on DHT. Zacks Investment Research cut DHT from a “hold” rating to a “sell” rating in a research note on Tuesday, July 10th. Morgan Stanley increased their price objective on DHT from $5.00 to $6.00 and gave the stock a “buy” rating in a research report on Wednesday, July 18th. Maxim Group reiterated a “buy” rating and issued a $6.00 price objective on shares of DHT in a research report on Thursday, August 9th. Wells Fargo & Co cut their price objective on DHT from $7.00 to $6.00 and set an “outperform” rating for the company in a research report on Tuesday. Finally, ValuEngine upgraded DHT from a “sell” rating to a “hold” rating in a research report on Saturday, June 2nd. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $5.46.
DHT stock opened at $4.31 on Tuesday. The company has a market capitalization of $621.67 million, a PE ratio of 33.15 and a beta of 0.60. DHT has a twelve month low of $3.27 and a twelve month high of $4.99. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.64 and a quick ratio of 1.64.
DHT Company Profile
DHT Holdings, Inc, through its subsidiaries, owns and operates crude oil tankers primarily in Oslo, Norway and Singapore. As of February 6, 2018, it had a fleet of 27 very large crude carriers and 2 Aframaxes with deadweight tons of 8,590,740. The company was founded in 2005 and is headquartered in Hamilton, Bermuda.
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