Analyst Price Target is $18.50
▲ +37.44% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Ardmore Shipping in the last 3 months. The average price target is $18.50, with a high forecast of $19.00 and a low forecast of $18.00. The average price target represents a 37.44% upside from the last price of $13.46.
Current Consensus is
The current consensus among 2 contributing investment analysts is to buy stock in Ardmore Shipping. This Buy consensus rating has held steady for over two years.
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of March 15, 2023, the company operated a fleet of 22 owned vessels including 21 Eco-design and 1 Eco-mod vessel, and five chartered-in vessels. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is headquartered in Pembroke, Bermuda.