The Red Sea conflict has escalated and directly affected the normal operation of related shipping routes, causing congestion in some ports. This has led to a surge in shipping costs and fluctuations in energy prices. Companies engaged in related businesses may be affected by this situation.
Performance Shipping Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/22/2024 203.03% Alliance Global Partners → $6.5 Initiates Coverage On → Buy 03/29/2021 412.82% HC
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Himalaya Shipping Ltd. Raises Dividend by 25% to $0.05