Noble Financial analyst Michael Heim reiterated a Buy rating on Grindrod Shipping Holdings (GRIN – Research Report) today and set a price target of $31.00. The company’s shares closed yesterday at $21.70.
According to TipRanks, Heim is ranked #97 out of 7988 analysts.
Grindrod Shipping Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $31.50.
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The company has a one-year high of $28.42 and a one-year low of $10.46. Currently, Grindrod Shipping Holdings has an average volume of 307.4K.
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Grindrod Shipping Holdings Ltd. engages in the provision of maritime transportation services. It operates through the Drybulk Carriers and Tankers business segments. The Drybulk Carriers business segment transports a range of major and minor bulk and breakbulk commodities with its handysize and supramax vessels. The Tankers business segment owns and charter-in small and medium range tankers used in carrying liquid and petroleum products. The company was founded in 1910 and is headquartered in Singapore.
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