Diana Shipping Receives a Hold from Jefferies

In a report issued on October 9, Douglas Mavrinac from Jefferies reiterated a Hold rating on Diana Shipping (NYSE: DSX), with a price target of $4.50. The company’s shares closed yesterday at $4.

According to TipRanks.com, Mavrinac is a 4-star analyst with an average return of 8.8% and a 51.8% success rate. Mavrinac covers the Services sector, focusing on stocks such as Navios Maritime Partners Lp, Ship Finance International, and Golden Ocean Group Limited.

Diana Shipping has an analyst consensus of Hold, with a price target consensus of $4.63.

The company has a one-year high of $6.20 and a one-year low of $2.36. Currently, Diana Shipping has an average volume of 562.4K.

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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 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.