Analysts at Drewry Financial Maintained their Past ‘”Sell”’ rating on Shares DHT Holdings (NYSE:DHT), Set a $3.2000 PT

May 17, 2018 - By Marguerite Chambers

DHT Holdings (NYSE:DHT) Rating Reaffirmed

They currently have a $3.2000 target price on DHT Holdings (NYSE:DHT). The target price by Drewry Financial would suggest a potential downside of -15.12 % from the company’s close price. This has been revealed in a research report on 15 May.

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 stock of DHT Holdings, Inc. (NYSE:DHT) earned “Buy” rating by Jefferies on Monday, December 18. J.P. Morgan downgraded the stock to “Hold” rating in Friday, April 20 report. The stock has “Buy” rating by Maxim Group on Monday, February 5. The stock has “Overweight” rating by JP Morgan on Friday, March 23. On Monday, February 12 the stock rating was upgraded by Morgan Stanley to “Overweight”. The firm has “Buy” rating by Seaport Global given on Wednesday, February 7. The stock of DHT Holdings, Inc. (NYSE:DHT) has “Buy” rating given on Friday, April 20 by Jefferies. J.P. Morgan upgraded DHT Holdings, Inc. (NYSE:DHT) on Friday, March 23 to “Buy” rating. The firm earned “Buy” rating on Monday, May 7 by Maxim Group. As per Friday, April 20, the company rating was downgraded by JP 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 EPS, down 500.00 % or $0.20 from last year’s $0.04 per share. After $-0.06 actual EPS 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. announces $485 million refinancing and increase in revolving credit facility” on April 24, 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. to announce first quarter 2018 results on Tuesday May 8, 2018” with publication date: May 03, 2018 was also an interesting one.

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

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