Euronav NV (NASDAQ:EURN) was upgraded by stock analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Friday.

EURN has been the subject of a number of other reports. Zacks Investment Research raised shares of Euronav NV from a “strong sell” rating to a “hold” rating in a research report on Monday, March 13th. ValuEngine cut shares of Euronav NV from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $9.80.

Shares of Euronav NV (NASDAQ:EURN) traded up 0.64% during mid-day trading on Friday, hitting $7.90. The stock had a trading volume of 442,877 shares. The firm has a market cap of $1.25 billion and a PE ratio of 10.01. The stock’s 50-day moving average is $7.54 and its 200 day moving average is $7.86. Euronav NV has a 12 month low of $6.65 and a 12 month high of $9.51.

Euronav NV (NASDAQ:EURN) last issued its earnings results on Wednesday, April 26th. The shipping company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.04. The firm had revenue of $164.16 million for the quarter, compared to analyst estimates of $153.13 million. Equities research analysts predict that Euronav NV will post $1.88 earnings per share for the current fiscal year.

The business also recently declared a dividend, which was paid on Wednesday, May 31st. Investors of record on Tuesday, May 23rd were given a $0.22 dividend. The ex-dividend date of this dividend was Monday, May 22nd.

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A number of large investors have recently made changes to their positions in EURN. M&T Bank Corp boosted its stake in shares of Euronav NV by 78.0% in the first quarter. M&T Bank Corp now owns 22,003 shares of the shipping company’s stock worth $174,000 after buying an additional 9,642 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Euronav NV by 121.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 23,501 shares of the shipping company’s stock worth $188,000 after buying an additional 12,895 shares during the period. Yorktown Management & Research Co Inc bought a new stake in shares of Euronav NV during the first quarter worth $198,000. Parametric Portfolio Associates LLC boosted its stake in shares of Euronav NV by 88.2% in the first quarter. Parametric Portfolio Associates LLC now owns 28,265 shares of the shipping company’s stock worth $223,000 after buying an additional 13,247 shares during the period. Finally, Dimensional Fund Advisors LP bought a new stake in shares of Euronav NV during the first quarter worth $233,000.

Analyst Recommendations for Euronav NV (NASDAQ:EURN)

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