Omar Nokta analyst at Jefferies reiterates coverage on Eagle Bulk Shipping (EGLE) in the Industrial Goods sector with a Buy rating. TipRanks.com has Nokta rated as a 4.4 star analyst with a 53% return on investment and a 12.8% success rate. Nokta has set a price target of $ 60.
TipRanks.com reports that Eagle Bulk Shipping currently has 4 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $75.00. The target pricing ranges from a high forecast of $85.00 down to a low forecast of $60.00. Eagle Bulk Shipping (EGLE)’s last closing price was $41.81 which would put the average price target at 79.38% upside.
In addition, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on EGLE.
Other analysts covering EGLE include:
- Peter Christensen of Cleaves Securities issued a Buy rating with the price target of $ 71 on 2 weeks ago
- Michael Heim of Noble Financial issued a Buy rating with the price target of $ 84 on 1 month ago
- Poe Fratt of Alliance Global Partners issued a Buy rating with the price target of $ 85 on 1 month ago
- Magnus Fyhr of H.C. Wainwright issued a Buy rating with the price target of $ 90 on 4 months ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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