Share on StockTwits

World Point Terminals (NYSE:WPT) shares reached a new 52-week high during trading on Monday , Analyst Ratings reports. The stock traded as high as $23.70 and last traded at $22.59, with a volume of 130,546 shares traded. The stock had previously closed at $21.67.

Several analysts have recently commented on the stock. Analysts at Citigroup Inc. initiated coverage on shares of World Point Terminals in a research note on Friday. They set a “neutral” rating on the stock. Analysts at Credit Suisse raised their price target on shares of World Point Terminals from $23.00 to $24.00 in a research note on Friday, March 28th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $22.20.

The stock has a 50-day moving average of $20.97 and a 200-day moving average of $19.87. The company has a market cap of $727.3 million and a P/E ratio of 51.47.

World Point Terminals (NYSE:WPT) last issued its quarterly earnings data on Wednesday, March 26th. The company reported $0.27 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.25 by $0.02. On average, analysts predict that World Point Terminals will post $1.12 earnings per share for the current fiscal year.

World Point Terminals, LP is a fee-based Delaware limited partnership formed to own, operate, develop and acquire terminals and other assets relating to the storage of light refined products, heavy refined products and crude oil.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.