Shares of Euronav NV (NYSE:EURN) have been assigned an average recommendation of “Hold” from the seven ratings firms that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $9.00.

EURN has been the subject of several recent research reports. Stifel Nicolaus set a $8.00 price target on shares of Euronav NV and gave the stock a “hold” rating in a research report on Sunday, October 29th. BidaskClub upgraded shares of Euronav NV from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 24th. Zacks Investment Research upgraded shares of Euronav NV from a “sell” rating to a “hold” rating in a research report on Friday, November 3rd. ValuEngine upgraded shares of Euronav NV from a “sell” rating to a “hold” rating in a research report on Monday, October 2nd. Finally, TheStreet lowered shares of Euronav NV from a “c-” rating to a “d+” rating in a research report on Tuesday, November 14th.

A number of institutional investors and hedge funds have recently made changes to their positions in EURN. Allianz Asset Management GmbH lifted its holdings in Euronav NV by 5.3% in the 3rd quarter. Allianz Asset Management GmbH now owns 200,574 shares of the shipping company’s stock valued at $1,649,000 after acquiring an additional 10,072 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Euronav NV by 20.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 95,432 shares of the shipping company’s stock valued at $773,000 after acquiring an additional 16,120 shares during the last quarter. Finally, Lasry Marc acquired a new stake in Euronav NV in the 3rd quarter valued at about $14,203,000. Hedge funds and other institutional investors own 22.19% of the company’s stock.

Euronav NV (EURN) opened at $8.75 on Thursday. The company has a market cap of $1,409.00, a PE ratio of 126.43 and a beta of 0.77. The company has a current ratio of 1.29, a quick ratio of 1.64 and a debt-to-equity ratio of 0.46. Euronav NV has a 12-month low of $6.65 and a 12-month high of $8.85.

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Euronav NV Company Profile

Euronav NV, together with its subsidiaries, owns, operates, and manages a fleet of vessels for the ocean transportation and storage of crude oil and petroleum products worldwide. The company operates through two segments, Tankers; and Floating Production, Storage, and Offloading Operations. As of April 4, 2017, it owned and operated a fleet of 55 double hulled vessels, including 31 very large crude carriers, 1 V-Plus vessel, 19 Suezmax vessels, and 2 floating, storage, and offloading vessels, as well as 2 Suezmax vessels under construction.

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