Kepler Capital Thinks DHT Holdings’ Stock is Going to Recover

Kepler Capital analyst Petter Haugen maintained a Buy rating on DHT Holdings (DHTResearch Report) on November 20 and set a price target of $7.40. The company’s shares closed last Friday at $5.12, close to its 52-week low of $4.52.

According to TipRanks.com, Haugen is a 3-star analyst with an average return of 6.8% and a 68.6% success rate. Haugen covers the Industrial Goods sector, focusing on stocks such as Hoegh LNG Partners, Deutsche Post, and Stolt-Nielsen.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for DHT Holdings with a $6.17 average price target.

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The company has a one-year high of $8.83 and a one-year low of $4.52. Currently, DHT Holdings has an average volume of 2.79M.

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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.