Golden Ocean Group Limited (GOGL) Social Stream
GOLDEN OCEAN GROUP LTD (GOGL) Price Targets From Analysts
Use the tables below to see what analysts covering GOLDEN OCEAN GROUP LTD think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-29 | 2 | $13 | $12 | $12.5 | $9.65 | 29.53% |
| 2022-02-17 | 1 | $13 | $12 | $12.5 | $9.65 | 29.53% |
| 2022-05-20 | 1 | $18 | $18 | $18 | $9.65 | 86.53% |
| 2022-08-25 | 1 | $14 | $14 | $14 | $9.65 | 45.08% |
| 2022-11-16 | 1 | $10 | $10 | $10 | $9.65 | 3.63% |
| 2022-12-13 | 1 | $9.5 | $9.5 | $9.5 | $9.65 | -1.55% |
| 2023-01-30 | 2 | $11.5 | $9.5 | $10.5 | $9.65 | 8.81% |
Price Target Last Issued December 13, 2022
The Trend in the Analyst Price Target
Over the past 20 months, GOGL's average price target has gone down $0.79.
GOGL reports an average of 16.71% for its upside potential over the past 50 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-02-17 | 1 | 13 | 12 | 12.5 | 11.87 | 5.31% |
| 2022-05-20 | 1 | 18 | 18 | 18.0 | 15.56 | 15.68% |
| 2022-07-21 | 1 | 14 | 14 | 14.0 | 11.16 | 25.45% |
| 2022-08-25 | 1 | 14 | 14 | 14.0 | 10.86 | 28.91% |
| 2022-09-26 | 1 | 10 | 10 | 10.0 | 7.69 | 30.04% |
GOGL Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2 | 1 | 0 | 1 | 0 | 0 | 2 |
The Trend in the Broker Recommendations
GOGL's average broker recommendation rating worsened by 0.12 over the prior 15 months.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- GOGL has a higher number of analysts covering the stock than 6.82% of all US stocks.
- GOGL has a lower variance in analysts' estimates than 74.15% of Transportation stocks.
- In the context of Industrials stocks, GOLDEN OCEAN GROUP LTD's average analyst price target is higher than 80.93% of them.
- To contextualize these metrics, consider that out of Transportation stocks, GOLDEN OCEAN GROUP LTD's upside potential (average analyst target price relative to current price) is greater than 447.9% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Transportation industry with the ratings most similar to GOLDEN OCEAN GROUP LTD are GLNG, TDW, and KEX.
View All Top Stocks by Price Target
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