Cleaves Securities Keeps Their Buy Rating on DHT Holdings (DHT)

Cleaves Securities analyst Joakim Hannisdahl maintained a Buy rating on DHT Holdings (DHTResearch Report) on July 28 and set a price target of $9.50. The company’s shares closed last Tuesday at $5.72.

According to TipRanks.com, Hannisdahl is a 5-star analyst with an average return of 21.1% and a 59.6% success rate. Hannisdahl covers the Industrial Goods sector, focusing on stocks such as Nordic American Tanker, International Seaways, and Eagle Bulk Shipping.

Currently, the analyst consensus on DHT Holdings is a Strong Buy with an average price target of $8.08, which is a 40.8% upside from current levels. In a report issued on July 27, Evercore ISI also reiterated a Buy rating on the stock with a $7.50 price target.

See today’s analyst top recommended stocks >>

DHT Holdings’ market cap is currently $981M and has a P/E ratio of 4.70. The company has a Price to Book ratio of 0.89.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

DHT Holdings, Inc. is an independent crude oil tanker company. It fleet trades internationally and consists of crude oil tankers in the VLCC, Aframax and Suezmax segments. The company was founded on February 12, 2010 and is headquartered in Hamilton, Bermuda.