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Home โบ Stocks โบ Euronav NV (EURN) Stock Forecast & Price Prediction Belgium | NYSE | Energy | Oil & Gas Midstream
$15.50
+0.56 (3.75%)Did EURN Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Euronav is one of their latest high-conviction picks.
EURN has shown a year-to-date change of 60.6% and a 1-year change of 62.3%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for EURN. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for EURN.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| May 8, 2024 | Jefferies | Omar Nokta | Hold | Maintains | $18.00 |
| Feb 23, 2024 | JP Morgan | Samuel Bland | Neutral | Maintains | $21.70 |
| Feb 6, 2024 | Deutsche Bank | Amit Mehrotra | Hold | Downgrade | $17.86 |
| Jan 31, 2024 | Jefferies | Omar Nokta | Hold | Downgrade | $18.00 |
| Oct 31, 2023 | JP Morgan | Samuel Bland | Neutral | Downgrade | $18.43 |
| Oct 24, 2023 | Evercore ISI Group | Jonathan Chappell | In-Line | Downgrade | $19.00 |
| Oct 10, 2023 | Jefferies | Omar Nokta | Buy | Maintains | $21.00 |
| Oct 10, 2023 | Citigroup | Christian Wetherbee | Neutral | Downgrade | $18.50 |
| Oct 10, 2023 | Stifel | Benjamin Nolan | Hold | Downgrade | $N/A |
| Oct 6, 2023 | JP Morgan | Noah Parquette | Overweight | Maintains | $21.00 |
| Sep 29, 2023 | Jefferies | Omar Nokta | Buy | Reiterates | $22.00 |
| Aug 15, 2023 | JP Morgan | Noah Parquette | Overweight | Initiates | $21.50 |
| May 12, 2023 | Deutsche Bank | Amit Mehrotra | Buy | Upgrade | $20.00 |
| May 11, 2023 | Jefferies | Omar Nokta | Buy | Reiterates | $22.00 |
| Apr 25, 2023 | Stifel | Benjamin Nolan | Buy | Upgrade | $22.00 |
| Mar 23, 2023 | Jefferies | Omar Nokta | Buy | Reiterates | $24.00 |
| Mar 21, 2023 | Jefferies | Omar Nokta | Buy | Reiterates | $24.00 |
| Feb 27, 2023 | Jefferies | Omar Nokta | Buy | Maintains | $24.00 |
| Jan 12, 2023 | Deutsche Bank | Amit Mehrotra | Buy | Maintains | $18.00 |
| Jan 11, 2023 | JonesTrading | Eduardo Seda | Buy | Upgrade | $16.00 |
The following stocks are similar to Euronav based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Euronav NV has a market capitalization of $2.99B with a P/E ratio of 2.9x. The company generates $1.24B in trailing twelve-month revenue with a 51.5% profit margin.
Revenue growth is +4.8% quarter-over-quarter, while maintaining an operating margin of +80.7% and return on equity of +36.4%.
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Provides crude oil transportation and storage services.
The company generates revenue through the transportation and storage of crude oil using its fleet of vessels and floating storage and offloading services. By operating in the global oil market, it capitalizes on shipping contracts and storage fees.
Euronav NV was incorporated in 2003 and is headquartered in Antwerp, Belgium. As of March 15, 2024, it operates as a subsidiary of CMB NV.
Energy
Oil & Gas Midstream
2,946
Mr. Alexander Saverys
Belgium
2015
Euronav anticipates increased global sea trade this year, influenced by Red Sea shipping rerouting, but cites risks from a U.S. presidential change and China's economic slowdown.
Euronav's forecast of increased sea trade could boost shipping industry stocks, while geopolitical and economic uncertainties may impact overall market stability and investments.
Investors should monitor Euronav (EURN) stock, as recent activity in the options market suggests significant movements.
Euronav's options market activity signals potential volatility or shifts in investor sentiment, impacting future stock performance and trading strategies.
Euronav NV will hold its Q1 2024 earnings conference call on May 8, 2024, at 8:00 AM ET, featuring CEO Alexander Saverys and CFO Ludovic Saverys.
Euronav's upcoming earnings call is pivotal for assessing its financial health and future outlook, influencing investor sentiment and stock performance.
Large Cap Value ranks large cap stocks based on intrinsic value. The Ben Graham Formula targets stable stocks, with 54 of 65 All-Star-Value Dividend stocks providing dividends exceeding share prices.
The excerpt highlights a strategy focusing on stable, undervalued large-cap stocks with strong dividends, indicating potential for solid returns and income generation.
YCharts' Large Cap Value ranking highlights stocks with low prices relative to assets and profits. The Ben Graham Formula identifies stable, dividend-paying stocks, with 57 of 68 offering dividends exceeding share prices.
The ranking highlights undervalued stocks with strong fundamentals, indicating potential for growth and income through dividends, appealing to value-focused investors seeking stability.
A new investment platform is offering no commission fees, no minimum investment requirements, and no exclusive access barriers for users.
The removal of commission fees and minimums enhances accessibility to investment platforms, potentially increasing retail investor participation and market liquidity.
Analyst forecasts for Euronav NV (EURN) are not currently available. The stock is trading at $15.50.
According to current analyst ratings, EURN has 8 Buy ratings, 4 Hold ratings, and 0 Sell ratings. The stock is currently trading at $15.50. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for EURN are not currently available. The stock is trading at $15.50.
The company generates revenue through the transportation and storage of crude oil using its fleet of vessels and floating storage and offloading services. By operating in the global oil market, it capitalizes on shipping contracts and storage fees.
Price targets from Wall Street analysts for EURN are not currently available. The stock is trading at $15.50.
Price targets from Wall Street analysts for EURN are not currently available. The stock is trading at $15.50.
The overall analyst consensus for EURN is bullish. Out of 12 Wall Street analysts, 8 rate it as Buy, 4 as Hold, and 0 as Sell.
Stock price projections, including those for Euronav NV, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.