Ardmore Shipping Corporation (ASC) Social Stream
ARDMORE SHIPPING CORP (ASC) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering ARDMORE SHIPPING CORP.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-10-26 | 3 | $6.5 | $5.5 | $6 | $12.44 | -51.77% |
| 2022-02-15 | 3 | $6.5 | $5.5 | $6.166 | $12.44 | -50.43% |
| 2022-04-25 | 3 | $8.5 | $6.5 | $7.166 | $12.44 | -42.4% |
| 2022-04-27 | 3 | $8.5 | $6.5 | $7.5 | $12.44 | -39.71% |
| 2022-05-05 | 3 | $9 | $7.5 | $8.333 | $12.44 | -33.01% |
| 2022-06-14 | 3 | $9 | $7 | $7.833 | $12.44 | -37.03% |
| 2022-07-21 | 3 | $10 | $7 | $8.333 | $12.44 | -33.01% |
| 2022-07-27 | 3 | $10 | $7 | $8.666 | $12.44 | -30.34% |
| 2022-09-06 | 3 | $15 | $7 | $10.333 | $12.44 | -16.94% |
| 2022-10-26 | 3 | $15 | $7 | $11 | $12.44 | -11.58% |
| 2022-11-03 | 3 | $16 | $7 | $13 | $12.44 | 4.5% |
| 2022-11-30 | 3 | $17 | $7 | $13.333 | $12.44 | 7.18% |
| 2023-01-12 | 3 | $18 | $7.001 | $14 | $12.44 | 12.54% |
| 2023-04-24 | 3 | $21 | $7.001 | $16 | $12.44 | 28.62% |
| 2023-05-09 | 2 | $24 | $17 | $20.5 | $12.44 | 64.79% |
| 2023-08-01 | 2 | $19 | $16 | $17.5 | $12.44 | 40.68% |
| 2023-09-06 | 2 | $19 | $18 | $18.5 | $12.44 | 48.71% |
The Trend in the Analyst Price Target
ASC's average price target has moved up $2.5 over the prior 29 weeks.
Over the past 47 weeks, ASC's average upside potential has been 18%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-03-21 | 3 | 21 | 7.001 | 16.0 | 15.69 | 1.98% |
| 2023-05-09 | 2 | 24 | 7.001 | 17.0 | 12.69 | 33.96% |
| 2023-05-09 | 3 | 24 | 17.000 | 20.5 | 12.69 | 61.54% |
| 2023-05-09 | 3 | 24 | 7.001 | 16.0 | 12.69 | 26.08% |
| 2023-05-09 | 2 | 24 | 17.000 | 20.5 | 12.69 | 61.54% |
ASC Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1 | 2 | 0 | 0 | 0 | 0 | 2 |
The Trend in the Broker Recommendations
Over the past 22 months, ASC's average broker recommendation rating improved by 0.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for ASC as an investment opportunity.
- To contextualize these metrics, consider that out of all US stocks, ARDMORE SHIPPING CORP's number of analysts covering the stock is greater than 180.73% of them.
- In the context of Industrials stocks, ARDMORE SHIPPING CORP's average analyst price target is greater than 219% of them.
- In terms of how ARDMORE SHIPPING CORP fares relative to stocks in the small market cap category, note that its upside potential (average analyst target price relative to current price) is greater than 250.69% of that group.
- To contextualize these metrics, consider that out of Transportation stocks, ARDMORE SHIPPING CORP's variance in analysts' estimates is lower than -931.91% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Transportation industry with the ratings most similar to ARDMORE SHIPPING CORP are DHT, PANL, and NVGS.
View All Top Stocks by Price Target
What is the outlook for ASC? Use POWR Ratings for clearer insight into price direction.