International Seaways (INSW, Financial) continues to hold its position in the stock market as Jefferies analyst Omar Nokta maintains a "Buy" rating for the company. This decision comes with a reaffirmed price target of $48.00 USD, consistent with previous evaluations.
The latest assessment by Jefferies highlights confidence in the future performance of International Seaways. Despite fluctuating market conditions, the analyst's position remains unchanged with no adjustments to the price target.
This stability in rating and target price reflects the enduring potential seen in International Seaways (INSW, Financial) by analysts, supporting investor interest and strategic financial decisions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for International Seaways Inc (INSW, Financial) is $58.50 with a high estimate of $82.00 and a low estimate of $38.00. The average target implies an upside of 58.68% from the current price of $36.87. More detailed estimate data can be found on the International Seaways Inc (INSW) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, International Seaways Inc's (INSW, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for International Seaways Inc (INSW, Financial) in one year is $41.37, suggesting a upside of 12.22% from the current price of $36.8655. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the International Seaways Inc (INSW) Summary page.
