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.
Current Consensus is
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.
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.