Maxim Group Increases DHT Holdings Price Target to $10.00 (DHT)
Maxim Group raised their target price on shares of DHT Holdings (NYSE:DHT) from $8.50 to $10.00 in a research note issued on Thursday, Analyst Ratings News reports. The firm currently has a “buy” rating on the stock. Maxim Group’s price objective would suggest a potential upside of 29.70% from the company’s current price.
DHT has been the subject of a number of other recent research reports. Analysts at UBS AG upgraded shares of DHT Holdings from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, December 3rd. Analysts at Global Hunter Securities upgraded shares of DHT Holdings from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, December 3rd. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. DHT Holdings presently has an average rating of “Buy” and an average price target of $6.83.
Shares of DHT Holdings (NYSE:DHT) traded up 7.00% during mid-day trading on Thursday, hitting $8.25. 152,089 shares of the company’s stock traded hands. DHT Holdings has a 52-week low of $3.99 and a 52-week high of $8.57. The stock has a 50-day moving average of $6. and a 200-day moving average of $5.16. The company’s market cap is $239.6 million.
DHT Holdings (NYSE:DHT) last released its earnings data on Thursday, January 23rd. The company reported $0.04 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.23) by $0.27. Analysts expect that DHT Holdings will post $-1.11 EPS for the current fiscal year.
DHT Holdings, Inc, formerly DHT Maritime Inc, operates a fleet of double-hull tankers. As of March 25, 2010, the Company’s fleet consists of three very large crude carriers (NYSE:DHT), which are tankers ranging in size from 200,000 to 320,000 deadweight tons (dwt), two Suezmax tankers, which are tankers ranging in size from 130,000 to 170,000 dwt, and four Aframax tankers, which are tankers ranging in size from 80,000 to 120,000 dwt.
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