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Will Nordea Upgrade to Buy from Hold Be a Tailwind For Diana Shipping (NYSE:DSX) Stock Today?

NewYork Diana Shipping NYSE:DSX

Diana Shipping (NYSE:DSX) Rating Upgrade

In analysts note issued to clients on 27 January, Nordea upgraded shares of Diana Shipping (NYSE:DSX) to Buy rating from Hold rating.

Out of 12 analysts covering Diana Shipping, 1 rate it a Buy, 10 indicate a Hold while 6 suggest a Sell. The highest target is $3.8 and the lowest is $1 according to Thomson/First Call. The 12-month mean target is $2.44, which means downside potential of 40.78% over the current price.

DSX Stock Chart

Diana Shipping (NYSE:DSX) Profile

Diana Shipping Inc. is a holding company. The Company is engaged in providing shipping transportation services. The Company is also engaged in the ocean transportation of dry bulk cargoes across the world through the ownership of dry bulk carrier vessels.

Diana Shipping (NYSE:DSX) traded up 0.24% on 27 January, hitting $4.12. A total of 306,079 shares of the company’s stock traded hands. This is down from average of 711,123 shares. Diana Shipping has a 52 week low of $1.95 and a 52 week high of $4.97. The company has a market cap of $348.95M and a P/E ratio of 0.

Get the latest Diana Shipping (NYSE:DSX) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Will Nordea Upgrade to Buy from Hold Be a Tailwind For Diana Shipping (NYSE:DSX) Stock Today? appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Will Nordea Upgrade to Buy from Hold Be a Tailwind For Diana Shipping (NYSE:DSX) Stock Today?

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