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Golden Ocean Group - GOGL Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $12.50
  • Forecasted Upside: -10.52%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$13.97 As of 04/26/2024 11:23 AM ET
▲ +0.15 (1.09%)

This chart shows the closing price for GOGL by one month, three months, or twelve months.

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Analyst Price Target for GOGL

Analyst Price Target is $12.50
▼ -10.52% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Golden Ocean Group in the last 3 months. The average price target is $12.50, with a high forecast of $15.00 and a low forecast of $10.00. The average price target represents a -10.52% upside from the last price of $13.97.

This chart shows the closing price for GOGL for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 3 polled investment analysts is to hold stock in Golden Ocean Group. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/2/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/31/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
5/1/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/26/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/25/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/28/2024Jefferies Financial GroupReiterated RatingBuy ➝ Buy$15.00Low
1/5/2024BTIG ResearchReiterated RatingBuy ➝ NeutralLow
10/24/2023Jefferies Financial GroupUpgradeHold ➝ Buy$8.00 ➝ $11.00Low
8/29/2023Jefferies Financial GroupLower TargetHold ➝ Hold$8.50 ➝ $8.00Low
7/21/2023BTIG ResearchLower TargetBuy$14.00 ➝ $10.00Low
5/12/2023Pareto SecuritiesUpgradeSell ➝ HoldLow
2/16/2023Jefferies Financial GroupReiterated RatingHold$9.50Low
2/13/2023Pareto SecuritiesDowngradeHold ➝ SellLow
9/26/2022Jefferies Financial GroupDowngradeBuy ➝ Hold$14.00 ➝ $10.00Low
7/20/2022Jefferies Financial GroupInitiated CoverageBuy$14.00Low
5/20/2022HC WainwrightLower TargetNeutral$18.00 ➝ $13.00Medium
9/13/2021HC WainwrightReiterated RatingNeutral$13.00Low
6/23/2021Kepler Capital MarketsReiterated RatingBuyMedium
6/23/2021Pareto SecuritiesReiterated RatingBuy$11.50Medium
5/4/2021BTIG ResearchBoost TargetBuy$8.00 ➝ $12.00Medium
2/8/2021BTIG ResearchBoost TargetBuy$6.00 ➝ $7.00Low
7/29/2020DNB MarketsUpgradeHold ➝ BuyHigh
5/6/2020Kepler Capital MarketsDowngradeBuy ➝ HoldLow
4/28/2020Pareto SecuritiesUpgradeHold ➝ BuyHigh
2/19/2020Pareto SecuritiesUpgradeSell ➝ HoldLow
1/27/2020Fearnley FondsDowngradeBuy ➝ HoldLow
1/23/2020Pareto SecuritiesDowngradeBuy ➝ SellHigh
11/22/2019DanskeUpgradeHold ➝ BuyMedium
(Data available from 4/26/2019 forward)

News Sentiment Rating

0.47 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/29/2023
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/29/2023
  • 1 very positive mentions
  • 7 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
11/28/2023
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/28/2023
  • 6 very positive mentions
  • 2 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
1/27/2024
  • 7 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/26/2024
  • 11 very positive mentions
  • 9 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
3/27/2024
  • 3 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
4/26/2024

Current Sentiment

  • 3 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Golden Ocean Group logo
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. The company's dry bulk vessels comprise Newcastlemax, Capesize, and Panamax vessels operating in the spot and time charter markets. It also transports a range of bulk commodities, including ores, coal, grains, and fertilizers. As of March 20, 2024, the company owned a fleet of 83 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.
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Today's Range

Now: $13.97
Low: $13.95
High: $14.06

50 Day Range

MA: $12.77
Low: $10.91
High: $13.93

52 Week Range

Now: $13.97
Low: $6.89
High: $14.06

Volume

289,283 shs

Average Volume

1,728,719 shs

Market Capitalization

$2.79 billion

P/E Ratio

24.95

Dividend Yield

8.83%

Beta

1.39

Frequently Asked Questions

What sell-side analysts currently cover shares of Golden Ocean Group?

The following Wall Street sell-side analysts have issued reports on Golden Ocean Group in the last year: BTIG Research, Jefferies Financial Group Inc., Pareto Securities, StockNews.com, and TheStreet.
View the latest analyst ratings for GOGL.

What is the current price target for Golden Ocean Group?

2 Wall Street analysts have set twelve-month price targets for Golden Ocean Group in the last year. Their average twelve-month price target is $12.50, suggesting a possible downside of 9.6%. Jefferies Financial Group Inc. has the highest price target set, predicting GOGL will reach $15.00 in the next twelve months. BTIG Research has the lowest price target set, forecasting a price of $10.00 for Golden Ocean Group in the next year.
View the latest price targets for GOGL.

What is the current consensus analyst rating for Golden Ocean Group?

Golden Ocean Group currently has 2 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in GOGL, but not buy more shares or sell existing shares.
View the latest ratings for GOGL.

What other companies compete with Golden Ocean Group?

Other companies that are similar to Golden Ocean Group include Golar LNG, Teekay Tankers, Teekay LNG Partners, Nordic American Tankers and International Seaways. Learn More about companies similar to Golden Ocean Group.

How do I contact Golden Ocean Group's investor relations team?

Golden Ocean Group's physical mailing address is PAR LA VILLE PLACE 4TH FLOOR 14 PAR LA VILLE ROAD, HAMILTON HM 08 D0, HM 08. The shipping company's listed phone number is (441) 295-6935 and its investor relations email address is [email protected]. The official website for Golden Ocean Group is www.goldenocean.bm. Learn More about contacing Golden Ocean Group investor relations.