In a report issued on November 26, Magnus Fyhr from Seaport Global reiterated a Hold rating on Diana Shipping (DSX – Research Report), with a price target of $4.50. The company’s shares opened today at $3.44.
According to TipRanks.com, Fyhr is a 1-star analyst with an average return of -3.4% and a 37.5% success rate. Fyhr covers the Services sector, focusing on stocks such as Nordic American Tanker, Golar LNG Limited, and DHT Holdings.
The word on The Street in general, suggests a Hold analyst consensus rating for Diana Shipping.
The company has a one-year high of $5.16 and a one-year low of $3.03. Currently, Diana Shipping has an average volume of 281.6K.
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Diana Shipping, Inc. operates as a holding company, which engages in the provision of shipping transportation services through the ownership and operation of dry bulk vessels. Its vessels are being employed primarily on medium to long-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain, and other materials along worldwide shipping routes. The company was founded on March 8, 1999 and is headquartered in Athens, Greece.