NASDAQ:TRMD - TORM Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $16.00
  • Forecasted Upside: -14.44 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$18.70
▼ -0.04 (-0.21%)

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

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Analyst Price Target for TRMD

Analyst Price Target is $16.00
▼ -14.44% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for TORM in the last 3 months. The average price target is $16.00, with a high forecast of $16.00 and a low forecast of $16.00. The average price target represents a -14.44% upside from the last price of $18.70.

This chart shows the closing price for TRMD 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 investment analysts is to buy stock in TORM.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/17/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/18/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/16/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/14/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/12/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/13/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/12/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/11/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/25/2022Pareto SecuritiesInitiated CoverageBuyHigh
5/12/2022HC WainwrightBoost Price Target$14.00 ➝ $16.00Medium
4/12/2022HC WainwrightInitiated CoverageBuy$14.00High
7/9/2020Kepler Capital MarketsInitiated CoverageBuyMedium
(Data available from 8/12/2017 forward)

News Sentiment Rating

0.58 (Buy)

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

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  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/14/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/13/2022
  • 0 very positive mentions
  • 4 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
3/15/2022
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
4/14/2022
  • 1 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
5/14/2022
  • 1 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
6/13/2022
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 2 very negative mentions
7/13/2022
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/12/2022

Current Sentiment

  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Very Positive

TORM logo
TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. The company transports gasoline, jet fuel, and naphtha. As of March 23, 2022, it operated a fleet of approximately 85 vessels. The company was founded in 1889 and is headquartered in London, the United Kingdom.
Read More

Today's Range

Now: $18.70
Low: $18.53
High: $19.68

50 Day Range

MA: $14.51
Low: $11.33
High: $18.74

52 Week Range

Now: $18.70
Low: $6.17
High: $19.68

Volume

1,015,371 shs

Average Volume

330,373 shs

Market Capitalization

$1.39 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of TORM?

The following equities research analysts have issued research reports on TORM in the last year: HC Wainwright, Pareto Securities, and TheStreet.
View the latest analyst ratings for TRMD.

What is the current price target for TORM?

1 Wall Street analysts have set twelve-month price targets for TORM in the last year. Their average twelve-month price target is $16.00, suggesting a possible downside of 16.8%. HC Wainwright has the highest price target set, predicting TRMD will reach $16.00 in the next twelve months. HC Wainwright has the lowest price target set, forecasting a price of $16.00 for TORM in the next year.
View the latest price targets for TRMD.

What is the current consensus analyst rating for TORM?

TORM currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TRMD will outperform the market and that investors should add to their positions of TORM.
View the latest ratings for TRMD.

What other companies compete with TORM?

Other companies that are similar to TORM include SFL, Costamare, DHT, Danaos and Navios Maritime Partners. Learn More about companies similar to TORM.

How do I contact TORM's investor relations team?

TORM's physical mailing address is BIRCHIN COURT 20 BIRCHIN LANE, LONDON X0, EC3V 9DU. The company's listed phone number is (443) 917-9200 and its investor relations email address is [email protected] The official website for TORM is www.torm.com. Learn More about contacing TORM investor relations.