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NASDAQ:NETI - Eneti Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $23.50
  • Forecasted Upside: 49.30 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$15.74 As of 08/4/2021 01:00 AM ET
▼ -0.53 (-3.26%)

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

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Analyst Price Target for NETI

Analyst Price Target is $23.50
▲ +49.30% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Eneti in the last 3 months. The average price target is $23.50, with a high forecast of $25.00 and a low forecast of $22.00. The average price target represents a 49.30% upside from the last price of $15.74.

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

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Current Consensus is Buy

The current consensus among 2 polled investment analysts is to buy stock in Eneti. This rating changed within the last month from a Hold consensus rating.

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
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/12/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/12/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/10/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/8/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/6/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/7/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/6/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/5/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/11/2021BTIG ResearchReiterated RatingBuy$25.00Medium
5/18/2021Jefferies Financial GroupBoost Price TargetHold$20.00 ➝ $22.00Medium
(Data available from 8/5/2016 forward)
Eneti logo
Eneti Inc., a shipping company, owns and operates dry bulk carriers worldwide. Its vessels transport a range of bulk commodities, including ores, coal, grains, and fertilizers. As of December 31, 2020, the company owned or finance leased 41 vessels consisting of 13 Kamsarmax vessels and 28 Ultramax vessels, as well as time chartered-in five Kamsarmax vessels. It also focuses on the marine-based renewable energy business, which include investing in the wind turbine installation vessels. The company was formerly known as Scorpio Bulkers Inc. and changed its name to Eneti Inc. in February 2021. Eneti Inc. was incorporated in 2013 and is based in Monaco.
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Today's Range

Now: $15.74
Low: $15.53
High: $16.20

50 Day Range

MA: $18.50
Low: $15.74
High: $21.09

52 Week Range

Now: $15.74
Low: $10.70
High: $24.74

Volume

28,711 shs

Average Volume

105,276 shs

Market Capitalization

$176.82 million

P/E Ratio

N/A

Dividend Yield

1.23%

Beta

1.23

Frequently Asked Questions

What sell-side analysts currently cover shares of Eneti?

The following equities research analysts have issued research reports on Eneti in the last year: BTIG Research, Jefferies Financial Group Inc., and Zacks Investment Research.
View the latest analyst ratings for NETI.

What is the current price target for Eneti?

2 Wall Street analysts have set twelve-month price targets for Eneti in the last year. Their average twelve-month price target is $23.50, suggesting a possible upside of 49.3%. BTIG Research has the highest price target set, predicting NETI will reach $25.00 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $22.00 for Eneti in the next year.
View the latest price targets for NETI.

What is the current consensus analyst rating for Eneti?

Eneti currently has 1 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe NETI will outperform the market and that investors should add to their positions of Eneti.
View the latest ratings for NETI.

What other companies compete with Eneti?

Other companies that are similar to Eneti include TORM, Global Ship Lease, Dorian LPG, Navigator, Eagle Bulk Shipping, Navios Maritime Partners, Safe Bulkers, Diana Shipping, Teekay, Overseas Shipholding Group, Capital Product Partners, Pangaea Logistics Solutions, Grindrod Shipping, Castor Maritime and Seanergy Maritime.

How do I contact Eneti's investor relations team?

Eneti's physical mailing address is 9 BOULEVARD CHARLES III, Monaco O9, 98000. The company's listed phone number is (779) 798-5715. The official website for Eneti is www.eneti-inc.com.