Drewry Financial Sticks to Their Buy Rating for Diana Shipping Inc (DSX)

In a report issued on February 22, Victoria Saraglis from Drewry Financial maintained a Buy rating on Diana Shipping Inc (DSXResearch Report), with a price target of $5. The company’s shares closed on Friday at $2.96, close to its 52-week low of $2.90.

According to TipRanks.com, Saraglis is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -18.8% and a 28.6% success rate. Saraglis covers the Services sector, focusing on stocks such as Golden Ocean Group Limited, Star Bulk Carriers, and Navigator Holdings.

Currently, the analyst consensus on Diana Shipping Inc is a Moderate Buy with an average price target of $4.33.

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The company has a one-year high of $5.16 and a one-year low of $2.90. Currently, Diana Shipping Inc has an average volume of 297.2K.

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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.