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Ardmore Shipping - ASC Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $7.53
  • Forecasted Upside: -21.45 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$9.59 As of 09/27/2022 01:00 AM ET
▲ +0.32 (3.45%)

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

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Analyst Price Target for ASC

Analyst Price Target is $7.53
▼ -21.45% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Ardmore Shipping in the last 3 months. The average price target is $7.53, with a high forecast of $10.00 and a low forecast of $4.10. The average price target represents a -21.45% upside from the last price of $9.59.

This chart shows the closing price for ASC 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 5 investment analysts is to buy stock in Ardmore Shipping. This rating has held steady since March 2022, when it changed 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
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/4/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/3/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/1/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/30/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/30/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/28/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
8/27/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/26/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/20/2022Jefferies Financial GroupInitiated CoverageBuy$10.00Low
6/14/2022Clarkson CapitalReiterated RatingBuyHigh
4/27/2022Jefferies Financial GroupInitiated CoverageBuy ➝ Buy$7.50High
4/22/2022HC WainwrightBoost TargetBuy$5.50 ➝ $8.50High
2/16/2022HC WainwrightReiterated RatingBuy$5.50Medium
12/23/2021Fearnley FondsDowngradeHold$4.10Low
12/23/2021UBS GroupDowngradeBuy ➝ HoldLow
7/28/2021HC WainwrightReiterated RatingBuy$5.50Low
4/29/2021HC WainwrightUpgradeNeutral ➝ Buy$5.50High
3/29/2021HC WainwrightInitiated CoverageNeutral$5.50High
1/29/2021Jefferies Financial GroupLower TargetBuy$6.00 ➝ $5.50Low
10/26/2020Pareto SecuritiesDowngradeBuy ➝ HoldHigh
10/23/2020Jefferies Financial GroupLower TargetBuy$7.50 ➝ $6.00Low
10/19/2020Stifel NicolausLower TargetBuy$7.00 ➝ $6.00High
6/2/2020Fearnley FondsDowngradeHold ➝ Sell$4.40Medium
5/5/2020Pareto SecuritiesDowngradeBuy ➝ HoldHigh
1/22/2020Stifel NicolausUpgradeHold ➝ Buy$9.50High
11/5/2019Fearnley FondsDowngradeBuy ➝ HoldHigh
10/17/2019Stifel NicolausDowngradeBuy ➝ Hold$9.00 ➝ $9.50High
6/28/2019Pareto SecuritiesUpgradeHold ➝ BuyHigh
5/23/2019Pareto SecuritiesDowngradeBuy ➝ HoldHigh
5/2/2019Morgan StanleySet TargetHold$8.00Low
2/15/2019Morgan StanleySet TargetHold$7.00High
9/25/2018Fearnley FondsUpgradeReduce ➝ Buy$6.70 ➝ $9.30High
8/1/2018Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$9.00 ➝ $8.00Low
3/23/2018JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$11.00 ➝ $12.00Medium
1/24/2018Stifel NicolausSet TargetBuy$9.00Low
12/18/2017Jefferies Financial GroupInitiated CoverageBuy ➝ Buy$11.00High
11/2/2017Morgan StanleyBoost TargetEqual Weight$8.50 ➝ $9.00N/A
10/29/2017Stifel NicolausSet TargetBuy$10.00N/A
10/16/2017Jefferies Financial GroupReiterated RatingBuy$10.00N/A
(Data available from 9/27/2017 forward)

News Sentiment Rating

0.46 (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
  • 0 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/1/2022
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/31/2022
  • 4 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
4/30/2022
  • 4 very positive mentions
  • 8 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
5/30/2022
  • 4 very positive mentions
  • 2 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
6/29/2022
  • 5 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/29/2022
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/28/2022
  • 3 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
9/27/2022

Current Sentiment

  • 3 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Ardmore Shipping logo
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.
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Today's Range

Now: $9.59
Low: $9.27
High: $9.68

50 Day Range

MA: $9.38
Low: $7.83
High: $10.44

52 Week Range

Now: $9.59
Low: $3.09
High: $10.60

Volume

546,287 shs

Average Volume

536,718 shs

Market Capitalization

$383.45 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.3

Frequently Asked Questions

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

The following sell-side analysts have issued reports on Ardmore Shipping in the last twelve months: Clarkson Capital, Fearnley Fonds, HC Wainwright, Jefferies Financial Group Inc., StockNews.com, TheStreet, and UBS Group AG.
View the latest analyst ratings for ASC.

What is the current price target for Ardmore Shipping?

3 Wall Street analysts have set twelve-month price targets for Ardmore Shipping in the last year. Their average twelve-month price target is $7.53, suggesting a possible downside of 21.4%. Jefferies Financial Group Inc. has the highest price target set, predicting ASC will reach $10.00 in the next twelve months. Fearnley Fonds has the lowest price target set, forecasting a price of $4.10 for Ardmore Shipping in the next year.
View the latest price targets for ASC.

What is the current consensus analyst rating for Ardmore Shipping?

Ardmore Shipping currently has 2 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe ASC will outperform the market and that investors should add to their positions of Ardmore Shipping.
View the latest ratings for ASC.

What other companies compete with Ardmore Shipping?

Other companies that are similar to Ardmore Shipping include Diana Shipping, Teekay, Safe Bulkers, Tsakos Energy Navigation and Grindrod Shipping. Learn More about companies similar to Ardmore Shipping.

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

Ardmore Shipping's physical mailing address is Belvedere Building 69 Pitts Bay Road Ground Floor, Pembroke D0, HM08. The shipping company's listed phone number is (441) 405-7800 and its investor relations email address is [email protected] The official website for Ardmore Shipping is ardmoreshipping.com. Learn More about contacing Ardmore Shipping investor relations.