BTIG analyst Gregory Lewis reiterated a Buy rating on Scorpio Tankers (NYSE:STNG) on Monday, setting a price target of $28, which is approximately 37.80% above the present share price of $20.32.
Lewis expects Scorpio Tankers to post earnings per share (EPS) of -$1.15 for the second quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Scorpio Tankers, with an average price target of $24.2.
The analysts price targets range from a high of $28 to a low of $18.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $134.17 million and a net profit of -$24.71 million. The company's market cap is $1.22 billion.
According to TipRanks.com, BTIG analyst Gregory Lewis is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.1% and a 40.80% success rate.
Scorpio Tankers, Inc. engages in the provision of marine transportation of petroleum products. It operates through the following segments: Handymax, MR, LR1/Panamax, and LR2/Aframax. The company was founded by Emanuele A. Lauro on July 1, 2009 and is headquartered in Monaco.