Analyst Price Target is $16.00
▲ +10.04% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Algoma Central in the last 3 months. The average price target is $16.00, with a high forecast of $16.00 and a low forecast of $16.00. The average price target represents a 10.04% upside from the last price of $14.54.
Current Consensus is
The current consensus among 1 contributing investment analysts is to buy stock in Algoma Central.
Algoma Central Corp. engages in owning and operating flag fleet of dry-bulk carriers and product tankers. It operates through the following segments: Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, Investment Properties, and Corporate. The Domestic Dry-Bulk segment includes flag dry-bulk vessels and its ship management business. The Product Tankers segment offers transportation of liquid petroleum products throughout the Great Lakes, St. Lawrence Waterway and Atlantic Canada regions. The Ocean Self-Unloaders segment refers to ocean shipping consist of five ocean-going self-unloading vessels. The Global Short Sea Shipping segment focuses on niche markets featuring specialized equipment or services through its interests in NovaAlgoma Cement Carriers and NovaAlgoma Short Sea Carriers. The Investment Properties segment comprise of commercial and residential property held to earn rental income. The company was founded on August 11, 1899 and is headquartered in St. Catharines, Canada.