NYSE:NAT - Nordic American Tankers Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $3.50
  • Forecasted Upside: 21.95 %
  • Number of Analysts: 2
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$2.87
▼ -0.01 (-0.35%)
1 month | 3 months | 12 months
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Analyst Price Target for NAT

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$3.50
▲ +21.95% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Nordic American Tankers in the last 3 months. The average price target is $3.50, with a high forecast of $3.50 and a low forecast of $3.50. The average price target represents a 21.95% upside from the last price of $2.87.
Hold
The current consensus among 2 investment analysts is to hold stock in Nordic American Tankers. This rating has held steady since April 2020, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
8/3/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
11/1/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
1/30/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/29/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
7/28/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
10/26/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
12/25/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
1/24/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/23/2020Jefferies Financial GroupLower Price TargetHold$4.50 ➝ $3.50High
i
5/4/2020Evercore ISIDowngradeIn-Line ➝ UnderperformLow
i
12/16/2019B. RileyReiterated RatingBuy$4.75Low
i
Rating by Liam Burke at B. Riley
10/7/2019BTIG ResearchUpgradeNeutral ➝ Buy$4.00High
i
8/16/2019B. RileySet Price TargetBuy$5.00Low
i
Rating by Liam Burke at B. Riley
2/20/2019Maxim GroupSet Price TargetSell$1.00Low
i
Rating by James Jang at Maxim Group
11/12/2018Seaport Global SecuritiesSet Price TargetHold$3.00Medium
i
Rating by Magnus Fyhr at Seaport Global Securities
11/9/2018B. RileyInitiated CoverageBuy ➝ Buy$4.25Medium
i
Rating by L. Burke at B. Riley
9/27/2018BTIG ResearchInitiated CoverageNeutralHigh
i
8/14/2018Maxim GroupReiterated RatingSell$1.00High
i
7/18/2018Morgan StanleyBoost Price TargetEqual Weight ➝ $2.37$2.25 ➝ $2.50Low
i
4/25/2018Morgan StanleyLower Price TargetEqual Weight ➝ Equal Weight$2.50 ➝ $2.25Low
i
2/13/2018Credit Suisse GroupLower Price TargetNeutral ➝ Neutral$4.00 ➝ $2.00Low
i
2/12/2018Seaport Global SecuritiesSet Price TargetHold$3.00Medium
i
Rating by Magnus Fyhr at Seaport Global Securities
2/12/2018Maxim GroupReiterated RatingSell$1.00Low
i
Rating by James Jang at Maxim Group
2/12/2018Morgan StanleyLower Price TargetEqual Weight ➝ Equal Weight$5.00 ➝ $2.50High
i
1/5/2018Clarkson CapitalUpgradeNeutral ➝ BuyLow
i
Rating by J. Gandolfo at Clarkson Capital
1/5/2018Seaport Global SecuritiesSet Price TargetHold$3.00Low
i
12/14/2017Maxim GroupLower Price TargetSell ➝ Sell$3.00 ➝ $2.00Low
i
Rating by James Jang at Maxim Group
12/14/2017Jefferies Financial GroupUpgradeUnderperform ➝ Hold$3.00Medium
i
Rating by Randy Giveans at Jefferies Financial Group Inc.
11/8/2017Morgan StanleyLower Price TargetEqual Weight$6.50 ➝ $5.00N/A
i
11/6/2017Maxim GroupReiterated RatingSellN/A
i
Rating by James Jang at Maxim Group
10/23/2017Maxim GroupReiterated RatingSell ➝ Sell$4.00 ➝ $3.00N/A
i
Rating by James Jang at Maxim Group
8/7/2017Maxim GroupSet Price TargetSell$5.00 ➝ $4.00Low
i
Rating by James Jang at Maxim Group
7/22/2017Maxim GroupSet Price TargetSell$5.00Low
i
Rating by James Jang at Maxim Group
7/21/2017Evercore ISIDowngradeIn-Line ➝ Underperform$6.00 ➝ $5.00High
i
7/17/2017Jefferies Financial GroupReiterated RatingSell$5.00High
i
5/15/2017Maxim GroupLower Price TargetSell$6.00 ➝ $5.00Low
i
Rating by James Jang at Maxim Group
5/8/2017Jefferies Financial GroupReiterated RatingSell$7.00 ➝ $5.00High
i
5/8/2017Maxim GroupLower Price TargetSell ➝ Sell$6.00 ➝ $5.00Medium
i
Rating by James Jang at Maxim Group
4/21/2017Maxim GroupReiterated RatingSell$6.00Low
i
Rating by James Jang at Maxim Group
3/31/2017Jefferies Financial GroupReiterated RatingSell$7.00Low
i
2/22/2017Credit Suisse GroupReiterated RatingNeutralN/A
i
Rating by Gregory Lewis at Credit Suisse Group AG
2/7/2017Morgan StanleyLower Price TargetEqual Weight$9.00 ➝ $8.50N/A
i
1/13/2017Credit Suisse GroupInitiated CoverageNeutral$9.00N/A
i
12/20/2016Maxim GroupInitiated CoverageSell$7.00N/A
i
11/16/2016Wells Fargo & CompanyInitiated CoverageMarket PerformN/A
i
10/3/2016Clarkson CapitalDowngradeBuy ➝ Neutral$15.00 ➝ $10.00N/A
i
Rating by J. Gandolfo at Clarkson Capital
9/12/2016Jefferies Financial GroupReiterated RatingSellN/A
i
Rating by douglas mavrinac at Jefferies Financial Group Inc.
9/6/2016Jefferies Financial GroupReiterated RatingSellN/A
i
Rating by douglas mavrinac at Jefferies Financial Group Inc.
8/26/2016Morgan StanleyReiterated RatingEqual Weight$12.00 ➝ $9.00N/A
i
7/27/2016Jefferies Financial GroupSet Price TargetUnderperform$10.00 ➝ $8.00N/A
i
Rating by Douglas Mavrinac at Jefferies Financial Group Inc.
6/30/2016ABN AmroDowngradeBuy ➝ SellN/A
i
5/10/2016Jefferies Financial GroupDowngradeHold ➝ Underperform$12.00 ➝ $10.00N/A
i
5/4/2016Seaport Global SecuritiesDowngradeBuy ➝ Neutral$16.00N/A
i
Rating by M. Fyhr at Seaport Global Securities
(Data available from 1/24/2016 forward)
Nordic American Tankers logo
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 23 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. Nordic American Tankers Limited was founded in 1995 and is based in Hamilton, Bermuda.
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Today's Range

Now: $2.87
$2.83
$2.89

50 Day Range

MA: $3.14
$2.86
$3.50

52 Week Range

Now: $2.87
$2.30
$9.00

Volume

1,809,179 shs

Average Volume

2,979,731 shs

Market Capitalization

$422.87 million

P/E Ratio

4.63

Dividend Yield

5.56%

Beta

0.64

Frequently Asked Questions

What sell-side analysts currently cover shares of Nordic American Tankers?

The following equities research analysts have issued reports on Nordic American Tankers in the last year: Evercore ISI, Jefferies Financial Group Inc., TheStreet, and Zacks Investment Research.

What is the current price target for Nordic American Tankers?

1 Wall Street analysts have set twelve-month price targets for Nordic American Tankers in the last year. Their average twelve-month price target is $3.50, suggesting a possible upside of 22.0%. Jefferies Financial Group Inc. has the highest price target set, predicting NAT will reach $3.50 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $3.50 for Nordic American Tankers in the next year.

What is the current consensus analyst rating for Nordic American Tankers?

Nordic American Tankers currently has 1 sell rating and 1 hold rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NAT, but not buy more shares or sell existing shares.

What other companies compete with Nordic American Tankers?

How do I contact Nordic American Tankers' investor relations team?

Nordic American Tankers' physical mailing address is 27 REID STREET, HAMILTON D0, HM 11. The shipping company's listed phone number is 441-292-7202 and its investor relations email address is www.nat.bm. The official website for Nordic American Tankers is www.nat.bm.