Kepler Capital analyst Axel Styrman maintained a Buy rating on Euronav (EURN – Research Report) on November 23 and set a price target of €21.90. The company’s shares closed yesterday at $18.16.
Styrman covers the Energy sector, focusing on stocks such as Frontline, Euronav, and DHT Holdings. According to TipRanks, Styrman has an average return of 17.6% and an 80.65% success rate on recommended stocks.
Currently, the analyst consensus on Euronav is a Moderate Buy with an average price target of $19.98.
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EURN market cap is currently $3.65B and has a P/E ratio of 5.31.
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Euronav (EURN) Company Description:
Euronav NV engages in the transportation and storage of crude oil. It operates through the Tankers and FpSO (Floating Production, Storage, and Offloading Operation) segments. The Tankers segment provides shipping services for crude oil seaborne transportation. The FpSO segment receives hydrocarbon fluids pumped by nearby offshore platforms and provides field storage. Its activities include crew, ship, and fleet management services. The company was founded in 1989 and is headquartered in Antwerp, Belgium.
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