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Grindrod Shipping - GRIN Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $12.50
  • Forecasted Upside: -7.68%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$13.54 As of 04/26/2024 06:27 PM ET
▼ -0.08 (-0.59%)

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

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Analyst Price Target for GRIN

Analyst Price Target is $12.50
▼ -7.68% Downside Potential
This price target is based on 1 analysts offering 12 month price targets for Grindrod Shipping in the last 3 months. The average price target is $12.50, with a high forecast of $12.50 and a low forecast of $12.50. The average price target represents a -7.68% upside from the last price of $13.54.

This chart shows the closing price for GRIN 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 1 investment analysts is to hold stock in Grindrod Shipping. 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
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/2/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/31/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/1/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/30/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/28/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/26/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/25/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/16/2023Alliance Global PartnersDowngradeBuy ➝ NeutralLow
7/17/2023Alliance Global PartnersUpgradeNeutral ➝ Buy$12.50Low
10/13/2022Noble FinancialDowngradeOutperform ➝ Market PerformLow
10/13/2022Alliance Global PartnersDowngradeBuy ➝ NeutralLow
8/3/2022Alliance Global PartnersInitiated CoverageBuy$32.00Low
4/27/2022Jefferies Financial GroupInitiated CoverageBuy ➝ Buy$26.00High
10/28/2021Jefferies Financial GroupInitiated CoverageBuy$20.00Medium
10/15/2021Noble FinancialReiterated RatingBuy$31.00Low
9/7/2021Noble FinancialReiterated RatingBuy$27.00High
2/16/2020Noble FinancialReiterated RatingBuy$11.55Medium
1/9/2020CitigroupInitiated CoverageOutperform$11.55Low
(Data available from 4/26/2019 forward)

News Sentiment Rating

0.31 (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
  • 1 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/29/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/29/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/28/2023
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/28/2023
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/27/2024
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/26/2024
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/27/2024
  • 2 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/26/2024

Current Sentiment

  • 2 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Grindrod Shipping logo
Grindrod Shipping Holdings Ltd., an international shipping company, engages in owning, chartering, and operating a fleet of dry bulk carriers worldwide. It operates through three segments: Handysize, Supramax/Ultramax, and Others. The company operates a fleet of vessels comprising handysize and supramax/ultramax dry bulk carriers transporting various bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers; and engages in the ship management activities. Its customers include shipping companies, mining companies, commodity trading houses, industrial manufacturing companies, and oil companies, as well as traders of grains, steel, and forestry products. The company was founded in 1910 and is based in Singapore. Grindrod Shipping Holdings Ltd. operates as a subsidiary of Good Falkirk (MI) Limited.
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Today's Range

Now: $13.54
Low: $13.42
High: $13.78

50 Day Range

MA: $10.92
Low: $8.76
High: $13.97

52 Week Range

Now: $13.54
Low: $6.80
High: $14.90

Volume

24,211 shs

Average Volume

20,177 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

0.22%

Beta

0.75

Frequently Asked Questions

What sell-side analysts currently cover shares of Grindrod Shipping?

The following Wall Street analysts have issued reports on Grindrod Shipping in the last twelve months: Alliance Global Partners, and TheStreet.
View the latest analyst ratings for GRIN.

What is the current price target for Grindrod Shipping?

1 Wall Street analysts have set twelve-month price targets for Grindrod Shipping in the last year. Their average twelve-month price target is $12.50, suggesting a possible downside of 7.7%. Alliance Global Partners has the highest price target set, predicting GRIN will reach $12.50 in the next twelve months. Alliance Global Partners has the lowest price target set, forecasting a price of $12.50 for Grindrod Shipping in the next year.
View the latest price targets for GRIN.

What is the current consensus analyst rating for Grindrod Shipping?

Grindrod Shipping currently has 1 hold 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 GRIN, but not buy more shares or sell existing shares.
View the latest ratings for GRIN.

What other companies compete with Grindrod Shipping?

Other companies that are similar to Grindrod Shipping include Euronav, Okeanis Eco Tankers, Dynagas LNG Partners, FLEX LNG and C3is. Learn More about companies similar to Grindrod Shipping.

How do I contact Grindrod Shipping's investor relations team?

Grindrod Shipping's physical mailing address is NO. 03-01 SOUTHPOINT 200 CANTONMENT ROAD, SINGAPORE U0, 089763. The company's listed phone number is 65-6632-1315. The official website for Grindrod Shipping is www.grinshipping.com. Learn More about contacing Grindrod Shipping investor relations.