Jefferies (NYSE:JEF) analyst Randy Giveans maintained a Buy rating on Euronav (NYSE:EURN) NV on Friday, setting a price target of $11, which is approximately 33.98% above the present share price of $8.21.
Giveans expects Euronav NV to post earnings per share (EPS) of $1.21 for the fourth quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Euronav, with an average price target of $12.48.
The analysts price targets range from a high of $15 to a low of $7.5.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $434.69 million and a net profit of $255.84 million. The company's market cap is $1.73 billion.
According to TipRanks.com, Jefferies analyst Randy Giveans is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -15.8% and a 25.00% success rate.
Euronav NV engages in the transportation and storage of crude oil. It operates through the Tankers and FpSO (Floating Production, Storage, and Offloading Operation) segments. The Tankers segment provides shipping services for crude oil seaborne transportation. The FpSO segment receives hydrocarbon fluids pumped by nearby offshore platforms and provides field storage. Its activities include crew, ship, and fleet management services. The company was founded in 1989 and is headquartered in Antwerp, Belgium.