In a report released yesterday, Gregory Lewis from BTIG maintained a Hold rating on Euronav (EURN – Research Report). The company’s shares closed last Friday at $17.59.
Lewis covers the Energy sector, focusing on stocks such as Frontline, Scorpio Tankers, and Transocean. According to TipRanks, Lewis has an average return of -1.2% and a 47.42% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Euronav with a $19.71 average price target.
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The company has a one-year high of $17.78 and a one-year low of $10.58. Currently, Euronav has an average volume of 2.15M.
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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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