Star Bulk Carriers Corp. Research Coverage Started at Jefferies Group (SBLK)
A number of other firms have also recently commented on SBLK. Analysts at Zacks upgraded shares of Star Bulk Carriers Corp. from a “neutral” rating to an “outperform” rating in a research note on Tuesday, August 26th. They now have a $14.30 price target on the stock. Separately, analysts at MLV & Co
raised their price target on shares of Star Bulk Carriers Corp. from $16.00 to $19.00 in a research note on Thursday, August 21st. They now have a “buy” rating on the stock. Finally, analysts at Evercore Partners initiated coverage on shares of Star Bulk Carriers Corp. in a research note on Monday, August 18th. They set an “overweight” rating and a $16.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $16.33.
Star Bulk Carriers Corp. (NASDAQ:SBLK) opened at 13.95 on Wednesday. Star Bulk Carriers Corp. has a 52-week low of $7.72 and a 52-week high of $15.88. The stock has a 50-day moving average of $11.96 and a 200-day moving average of $12.44.
Star Bulk Carriers Corp. (NASDAQ:SBLK) last announced its earnings results on Wednesday, August 20th. The company reported $0.06 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.02) by $0.08. During the same quarter last year, the company posted $0.15 earnings per share. Analysts expect that Star Bulk Carriers Corp. will post $0.45 EPS for the current fiscal year.
Star Bulk Carriers Corp. (NASDAQ:SBLK) is an international company providing worldwide transportation of drybulk commodities through its vessel-owning subsidiaries for a broad range of customers of major and minor bulk cargoes including iron ore, coal, grain, cement and fertilizer.
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