Kepler Capital analyst Petter Haugen maintained a Buy rating on Euronav (NYSE:EURN) NV on Friday, setting a price target of EUR12.4, which is approximately 65.28% above the present share price of $8.94.
Haugen expects Euronav NV to post earnings per share (EPS) of -$0.25 for the first quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Strong Buy rating of shares in Euronav, with an average price target of $12.93.
The analysts price targets range from a high of $14.78 to a low of $12.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $138.44 million and a net profit of -$35.91 million. The company's market cap is $1.8 billion.
According to TipRanks.com, Kepler Capital analyst Petter Haugen is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 12.7% and a 71.88% 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.