Scorpio Tankers (STNG) Scheduled to Post Quarterly Earnings on Monday
Scorpio Tankers (NASDAQ:STNG) is scheduled to issue its Q413 quarterly earnings data on Monday, February 24th.
Scorpio Tankers (NASDAQ:STNG) opened at 9.26 on Friday. Scorpio Tankers has a 1-year low of $7.55 and a 1-year high of $12.48. The stock has a 50-day moving average of $10.49 and a 200-day moving average of $10.63. The company has a market cap of $1.738 billion and a P/E ratio of 180.20.
STNG has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Scorpio Tankers from an “underperform” rating to a “neutral” rating in a research note on Wednesday, January 29th. They now have a $10.70 price target on the stock. On the ratings front, analysts at UBS AG initiated coverage on shares of Scorpio Tankers in a research note on Thursday, January 9th. They set a “hold” rating on the stock. They noted that the move was a valuation call. Finally, analysts at Maxim Group initiated coverage on shares of Scorpio Tankers in a research note on Thursday, January 9th. They set a “hold” rating on the stock. Six equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Scorpio Tankers has an average rating of “Buy” and a consensus target price of $12.58.
Scorpio Tankers Inc is engaged in seaborne transportation of crude oil and refined petroleum products in the international shipping markets.
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