Nordic American Tankers Stock Price Target and Analyst Ratings (NYSE:NAT)

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

Ratings as of

8/3/2019

0 strong buy ratings
2 buy ratings
1 hold ratings
1 sell ratings

Ratings as of

11/1/2019

0 strong buy ratings
2 buy ratings
0 hold ratings
1 sell ratings

Ratings as of

1/30/2020

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

Ratings as of

4/29/2020

0 strong buy ratings
2 buy ratings
0 hold ratings
1 sell ratings

Ratings as of

7/28/2020

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

Ratings as of

10/26/2020

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

Ratings as of

12/25/2020

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

Ratings as of

1/24/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
10/23/2020	Jefferies Financial Group	Lower Price Target	Hold	$4.50 ➝ $3.50	High	i
5/4/2020	Evercore ISI	Downgrade	In-Line ➝ Underperform		Low	i
12/16/2019	B. Riley	Reiterated Rating	Buy	$4.75	Low	i Rating by Liam Burke at B. Riley
10/7/2019	BTIG Research	Upgrade	Neutral ➝ Buy	$4.00	High	i
8/16/2019	B. Riley	Set Price Target	Buy	$5.00	Low	i Rating by Liam Burke at B. Riley
2/20/2019	Maxim Group	Set Price Target	Sell	$1.00	Low	i Rating by James Jang at Maxim Group
11/12/2018	Seaport Global Securities	Set Price Target	Hold	$3.00	Medium	i Rating by Magnus Fyhr at Seaport Global Securities
11/9/2018	B. Riley	Initiated Coverage	Buy ➝ Buy	$4.25	Medium	i Rating by L. Burke at B. Riley
9/27/2018	BTIG Research	Initiated Coverage	Neutral		High	i
8/14/2018	Maxim Group	Reiterated Rating	Sell	$1.00	High	i
7/18/2018	Morgan Stanley	Boost Price Target	Equal Weight ➝ $2.37	$2.25 ➝ $2.50	Low	i
4/25/2018	Morgan Stanley	Lower Price Target	Equal Weight ➝ Equal Weight	$2.50 ➝ $2.25	Low	i
2/13/2018	Credit Suisse Group	Lower Price Target	Neutral ➝ Neutral	$4.00 ➝ $2.00	Low	i
2/12/2018	Seaport Global Securities	Set Price Target	Hold	$3.00	Medium	i Rating by Magnus Fyhr at Seaport Global Securities
2/12/2018	Maxim Group	Reiterated Rating	Sell	$1.00	Low	i Rating by James Jang at Maxim Group
2/12/2018	Morgan Stanley	Lower Price Target	Equal Weight ➝ Equal Weight	$5.00 ➝ $2.50	High	i
1/5/2018	Clarkson Capital	Upgrade	Neutral ➝ Buy		Low	i Rating by J. Gandolfo at Clarkson Capital
1/5/2018	Seaport Global Securities	Set Price Target	Hold	$3.00	Low	i
12/14/2017	Maxim Group	Lower Price Target	Sell ➝ Sell	$3.00 ➝ $2.00	Low	i Rating by James Jang at Maxim Group
12/14/2017	Jefferies Financial Group	Upgrade	Underperform ➝ Hold	$3.00	Medium	i Rating by Randy Giveans at Jefferies Financial Group Inc.
11/8/2017	Morgan Stanley	Lower Price Target	Equal Weight	$6.50 ➝ $5.00	N/A	i
11/6/2017	Maxim Group	Reiterated Rating	Sell		N/A	i Rating by James Jang at Maxim Group
10/23/2017	Maxim Group	Reiterated Rating	Sell ➝ Sell	$4.00 ➝ $3.00	N/A	i Rating by James Jang at Maxim Group
8/7/2017	Maxim Group	Set Price Target	Sell	$5.00 ➝ $4.00	Low	i Rating by James Jang at Maxim Group
7/22/2017	Maxim Group	Set Price Target	Sell	$5.00	Low	i Rating by James Jang at Maxim Group
7/21/2017	Evercore ISI	Downgrade	In-Line ➝ Underperform	$6.00 ➝ $5.00	High	i
7/17/2017	Jefferies Financial Group	Reiterated Rating	Sell	$5.00	High	i
5/15/2017	Maxim Group	Lower Price Target	Sell	$6.00 ➝ $5.00	Low	i Rating by James Jang at Maxim Group
5/8/2017	Jefferies Financial Group	Reiterated Rating	Sell	$7.00 ➝ $5.00	High	i
5/8/2017	Maxim Group	Lower Price Target	Sell ➝ Sell	$6.00 ➝ $5.00	Medium	i Rating by James Jang at Maxim Group
4/21/2017	Maxim Group	Reiterated Rating	Sell	$6.00	Low	i Rating by James Jang at Maxim Group
3/31/2017	Jefferies Financial Group	Reiterated Rating	Sell	$7.00	Low	i
2/22/2017	Credit Suisse Group	Reiterated Rating	Neutral		N/A	i Rating by Gregory Lewis at Credit Suisse Group AG
2/7/2017	Morgan Stanley	Lower Price Target	Equal Weight	$9.00 ➝ $8.50	N/A	i
1/13/2017	Credit Suisse Group	Initiated Coverage	Neutral	$9.00	N/A	i
12/20/2016	Maxim Group	Initiated Coverage	Sell	$7.00	N/A	i
11/16/2016	Wells Fargo & Company	Initiated Coverage	Market Perform		N/A	i
10/3/2016	Clarkson Capital	Downgrade	Buy ➝ Neutral	$15.00 ➝ $10.00	N/A	i Rating by J. Gandolfo at Clarkson Capital
9/12/2016	Jefferies Financial Group	Reiterated Rating	Sell		N/A	i Rating by douglas mavrinac at Jefferies Financial Group Inc.
9/6/2016	Jefferies Financial Group	Reiterated Rating	Sell		N/A	i Rating by douglas mavrinac at Jefferies Financial Group Inc.
8/26/2016	Morgan Stanley	Reiterated Rating	Equal Weight	$12.00 ➝ $9.00	N/A	i
7/27/2016	Jefferies Financial Group	Set Price Target	Underperform	$10.00 ➝ $8.00	N/A	i Rating by Douglas Mavrinac at Jefferies Financial Group Inc.
6/30/2016	ABN Amro	Downgrade	Buy ➝ Sell		N/A	i
5/10/2016	Jefferies Financial Group	Downgrade	Hold ➝ Underperform	$12.00 ➝ $10.00	N/A	i
5/4/2016	Seaport Global Securities	Downgrade	Buy ➝ Neutral	$16.00	N/A	i Rating by M. Fyhr at Seaport Global Securities

(Data available from 1/24/2016 forward)

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.

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?

Other companies that are similar to Nordic American Tankers include Kinder Morgan, The Williams Companies, Cheniere Energy, Targa Resources, Frontline, Golar LNG, SFL, Golden Ocean Group, Scorpio Tankers, GasLog, Teekay Tankers and Teekay.

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.

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

Analyst Price Target for NAT

Past Monthly Recommendations

Latest Recommendations

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

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

What is the current price target for Nordic American Tankers?

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

What other companies compete with Nordic American Tankers?

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