| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 09/06/2022 | 40.35% | Jefferies | $3 → $4 | Upgrades | Hold → Buy |
| 11/26/2021 | -21.06% | Jefferies | $2.75 → $2.25 | Maintains | Hold |
| 11/24/2021 | -21.06% | Jefferies | $2.75 → $2.25 | Maintains | Hold |
| 08/31/2021 | 75.43% | B. Riley Securities | $6 → $5 | Maintains | Buy |
| 05/25/2021 | 40.35% | Evercore ISI Group | $2.5 → $4 | Upgrades | Underperform → In-Line |
| 03/29/2021 | 31.57% | HC Wainwright & Co. | → $3.75 | Initiates Coverage On | → Neutral |
| 02/26/2021 | -3.51% | Jefferies | $3 → $2.75 | Maintains | Hold |
| 01/29/2021 | 5.26% | Jefferies | $3.5 → $3 | Maintains | Hold |
| 10/23/2020 | 22.8% | Jefferies | $4.5 → $3.5 | Maintains | Hold |
| 05/04/2020 | — | Evercore ISI Group | Downgrades | In-Line → Underperform | |
| 10/18/2019 | 40.35% | Evercore ISI Group | → $4 | Upgrades | Underperform → In-Line |
| 10/08/2019 | 40.35% | BTIG | → $4 | Upgrades | Neutral → Buy |
| 09/27/2018 | — | BTIG | Initiates Coverage On | → Neutral | |
| 07/18/2018 | -12.28% | Morgan Stanley | $2.25 → $2.5 | Maintains | Equal-Weight |
| 04/25/2018 | -21.06% | Morgan Stanley | $2.5 → $2.25 | Maintains | Equal-Weight |
| 02/13/2018 | -29.83% | Credit Suisse | $4 → $2 | Maintains | Neutral |
| 02/12/2018 | -12.28% | Morgan Stanley | $5 → $2.5 | Maintains | Equal-Weight |
| 12/18/2017 | 5.26% | Jefferies | → $3 | Assumes | Hold → Hold |
| 12/14/2017 | — | Jefferies | Upgrades | Underperform → Hold | |
| 11/08/2017 | 75.43% | Morgan Stanley | $6.5 → $5 | Maintains | Equal-Weight |
| 10/23/2017 | 5.26% | Maxim Group | $4 → $3 | Maintains | Sell |
Nordic American Tankers Questions & Answers
The latest price target for Nordic American Tankers (NYSE: NAT) was reported by Jefferies on September 6, 2022. The analyst firm set a price target for $4.00 expecting NAT to rise to within 12 months (a possible 40.35% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Nordic American Tankers (NYSE: NAT) was provided by Jefferies, and Nordic American Tankers upgraded their buy rating.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nordic American Tankers, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Nordic American Tankers was filed on September 6, 2022 so you should expect the next rating to be made available sometime around September 6, 2023.
While ratings are subjective and will change, the latest Nordic American Tankers (NAT) rating was a upgraded with a price target of $3.00 to $4.00. The current price Nordic American Tankers (NAT) is trading at is $2.85, which is out of the analyst's predicted range.