▲ +30.72% 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 $22.44, with a high forecast of $35.00 and a low forecast of $15.00. The average price target represents a 30.72% upside from the last price of $17.17.
The current consensus among 9 polled investment analysts is to hold stock in Scorpio Tankers. This rating changed within the last month from a Buy 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 27, 2020, it owned, finance leased, or bareboat chartered 137 product tankers, which included 42 LR2, 12 LR1, 62 MR, and 21 Handymax tankers with an average age of approximately 4.4 years. The company was founded in 2009 and is based in Monaco.