▲ +8.27% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Scorpio Tankers in the last 3 months. The average price target is $22.00, with a high forecast of $35.00 and a low forecast of $15.00. The average price target represents a 8.27% upside from the last price of $20.32.
The current consensus among 9 investment analysts is to buy stock in Scorpio Tankers. This rating has held steady since December 2020, when it changed from a Hold consensus rating.
Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. As of March 30, 2021, it owned, finance leased, or bareboat chartered 131 product tankers, which included 42 LR2, 12 LR1, 63 MR, and 14 Handymax tankers with a weighted average age of approximately 5.2 years. The company was incorporated in 2009 and is based in Monaco.