Breaking: Drewry Financial Maintains $3.2000 Price Target On DHT Holdings (NYSE:DHT) Shares, Maintains Their Original “Sell” Rating

May 17, 2018 - By Louis Casey

DHT Holdings (NYSE:DHT) Rating Reaffirmed

The company has just set a target of $3.2000 on DHT Holdings (NYSE:DHT) shares. This is -15.12 % from the last close price. In an analyst note sent to investors and clients on Tuesday, 15 May, Drewry Financial reaffirmed their “Sell” rating on shares of DHT.

DHT Holdings, Inc. (NYSE:DHT) Ratings Coverage

Among 6 analysts covering DHT Holdings (NYSE:DHT), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. DHT Holdings has $6.0 highest and $500 lowest target. $5.67’s average target is 50.40% above currents $3.77 stock price. DHT Holdings had 10 analyst reports since December 18, 2017 according to SRatingsIntel. The rating was downgraded by J.P. Morgan to “Hold” on Friday, April 20. Seaport Global maintained DHT Holdings, Inc. (NYSE:DHT) rating on Wednesday, February 7. Seaport Global has “Buy” rating and $6.0 target. Maxim Group maintained DHT Holdings, Inc. (NYSE:DHT) on Monday, May 7 with “Buy” rating. As per Monday, February 5, the company rating was maintained by Maxim Group. The firm has “Buy” rating given on Monday, December 18 by Jefferies. The stock of DHT Holdings, Inc. (NYSE:DHT) earned “Overweight” rating by JP Morgan on Friday, March 23. The stock has “Neutral” rating by JP Morgan on Friday, April 20. Morgan Stanley upgraded the shares of DHT in report on Monday, February 12 to “Overweight” rating. The stock of DHT Holdings, Inc. (NYSE:DHT) earned “Buy” rating by Jefferies on Friday, April 20. The firm has “Buy” rating given on Friday, March 23 by J.P. Morgan.

The stock increased 1.07% or $0.04 during the last trading session, reaching $3.77. About 347,932 shares traded. DHT Holdings, Inc. (NYSE:DHT) has declined 16.89% since May 17, 2017 and is downtrending. It has underperformed by 28.44% the S&P500.

Analysts await DHT Holdings, Inc. (NYSE:DHT) to report earnings on August, 14. They expect $-0.16 earnings per share, down 500.00 % or $0.20 from last year’s $0.04 per share. After $-0.06 actual earnings per share reported by DHT Holdings, Inc. for the previous quarter, Wall Street now forecasts 166.67 % negative EPS growth.

DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Oslo, Norway and Singapore. The company has market cap of $541.27 million. As of March 21, 2017, its fleet consisted of 21 crude oil tankers, including 19 very large crude carriers and 2 Aframax tankers. It has a 75.4 P/E ratio.

More recent DHT Holdings, Inc. (NYSE:DHT) news were published by: Globenewswire.com which released: “DHT Holdings, Inc. to announce first quarter 2018 results on Tuesday May 8, 2018” on May 03, 2018. Also Seekingalpha.com published the news titled: “DHT Holdings’ (DHT) Management on Q1 2018 Results – Earnings Call Transcript” on May 09, 2018. Globenewswire.com‘s news article titled: “DHT Holdings, Inc. announces $485 million refinancing and increase in revolving credit facility” with publication date: April 24, 2018 was also an interesting one.

DHT Holdings, Inc. (NYSE:DHT) Ratings Chart

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